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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX)

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To: farkarooski who wrote (1968)4/4/2002 1:34:13 PM
From: MeDroogies  Read Replies (1) of 1983
 
My average is about $2-3 right now. I lost a couple grand. Not much, because most of it was house money anyway.
I don't cut losses until tax time UNLESS the money that is sitting there is substantial. MFNX is worth so little now, it doesn't really pay for me to cut and run. I can afford to sit on it and wait (hope) that it goes back to $2.

C'est la vie.
I'm unhappy that I lost the money. This is my second BK in 5 years. I'm surprised when the bubble burst that I didn't have more.
Still, this industry sector is nothing BUT BK right now. Somebody is going to come out of it. Still a question of who.
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