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Technology Stocks : Worst stocks for '96
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To: Magnifique who wrote (287)2/5/1996 9:38:00 PM
From: Mephisto   of 312
 
Hello, Magnifique,

I sold ASND today at $43.25. Actually, my profit margin was 30%. So I didn't do too badly. Ascend has ascended more quickly than I realized.

Probably, I am close to breaking even on BNET. When I bought Ascend and BNET, I realized I was taking a big risk so I did not go into debt to buy either company.

You are telling me that CSCO is not too expensive to buy, aren't you?

You know, Magnifique, you may turn me into a trader. I sold shares in three companies today. Afterwards, I was totally exhausted.

Hope you get this message okay. I am having trouble getting SI to respond.

I was astounded at the rebound in the tech sector today. Do you think that instiutional buying created the new highs in the Dow and the Nasdaq today?

Thanks for your help, Magnifique.

Mephisto
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