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Technology Stocks : komag
KMAG 0.00010000.0%Mar 7 3:00 PM EST

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To: Pruguy who wrote (668)6/22/1998 9:08:00 PM
From: David Monroe  Read Replies (1) of 848
 
Still a bad time to dip into KMAG. Like my last post when KMAG was trading near $9, I didn't think PRUGUY should invest his hard earned dollars into it then, and I think he will see that when it is trading at less than $3 a share it is now even closer to the bottom than to the top.
Bottom fishing is a dangerous sport and their are a lot of sharks on the bottom that you don't see right away (in this case it is todays announcement to cut book value by another $2 or $3 per share)
Good luck. If you are a gambler then invest in KMAG at under $3, if you are an investor, you won't touch this company for at least another year no matter how high or low it goes. Just my $.02.
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