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Technology Stocks : American Mobile Satellite (skyc)
SKYC 10.00-7.1%1:41 PM EST

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To: 45bday who wrote (227)5/14/1998 2:02:00 PM
From: VALUESPEC   of 400
 
Solution, often a good defense is the best offense. If you can avoid losing a lot of money on any one stock, you will often make back all your money, plus, on another. Just avoiding a big loss on any stock is a great achievement, IMO.

I am not married to any stock, especially small caps. They are not the marrying kind.

Regarding SKYC, I don't know when I'll sell, but I expect to hold most of them until $ 15+, as I see that likely based on the move about a month ago.

Right now, SKYC is trading just above its recent trading range. I wouldn't be surprised to see $ 13+ today, but who knows? Based on the volume in these last two days, I will be surprised if the ASK goes under $ 11.00 in the near future. I think we will form a new base here or go much higher.

I hope this helps. I touched a new record for my portfolio today :o)

SKYC: $ 11.63b $ 12.00a vol 163,400 2:00PM EST
CD: $ 24.81b $ 24.88a


VALUESPEC
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