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Technology Stocks : Cyberian Outpost (Symbol: COOL)
COOL 0.103+10.6%Sep 5 5:00 PM EST

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To: Smiley who wrote (577)12/20/1998 8:23:00 PM
From: Stephen   of 1932
 
Joe, I can't advise you to put an order in now to buy at the open .....thats really dangerous. But if there's little change from Friday's close at the open, I would buy straight away. Personally I expect it to gap-up somewhat but, I have no idea how much. If its strong at the opening, I'd wait for weakness. Try checking the early trades to see what the bid ask is and judge what bid you might have to put in before opening to secure a position. Put a limit bid in - if it hits, fine, you got the stock at the price you wanted, if not, no harm done and if the stock then weakens, your order will get filled anyway. If you want in badly and it opens high, you could establish half the position you want - even if it potentially costs twice the commission to achieve. This isn't an all or nothing game.
I hope this makes sense ... if not please let me know

Regards

Stephen
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