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Technology Stocks : CAWS - Cai Wireless Systems - Cable Modem Killer

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To: Luce Wildebeest who wrote (2175)10/31/1996 12:29:00 PM
From: Rodney Glover   of 2221
 
I got totally stopped out of CAWS yesterday. I'm assessing my losses and moving on. The only troubling thing is that I seriously, missed the possible stock drop placing a strong bottom at $5 (I don't know what I was thinking). I just did not figure on 1/2 pt and 3/4 pt drops for a $5 stock. Those type of fluctuations are generally in $20++ securities. For the price, obvouisly those massive percentage drops can be very fatal for the margin investor. The unfortunate thing about the stock market is that one serious mistake can wipe you out. I still think CAWS will recover, but that probably only helps new investors. Good luck everyone. I'll be back in a couple of years after I get my investment portfolio back in shape.
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