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Technology Stocks : SCM MIcrosystems
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To: Tulvio Durand who wrote (2)10/13/1997 9:04:00 PM
From: Munich   of 45
 
It was my favorite that day: about a one day gain of 25%, meaning that I got in at 23 7/8 and sold at 31. It had momentum from the IPO driving it up, but I sold when it seemed that the volume was such that the float was being churned. Had to take a profit since I don't know enough about the company (the market they are attacking seems like a good one though), and holding on to it could only have been piggish. Anyone have an idea what the fair market value is for this stock and when I should get back in? I am hoping for the 20-23 range.
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