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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 185.06+8.1%Jan 2 9:30 AM EST
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To: Investor2 who wrote (7526)1/8/1999 11:55:00 PM
From: J. M. Blackburn   of 10921
 
I2, One reason Cary might not use stop loss orders. On over the counter stocks whenever I ask a broker for a stop loss he has refused. I just tried on line with Fidelity and I get the following message.

Attention: Stop orders placed on over the counter securities may be cancelled anytime at the market makers discretion.

I wouldn't have much faith in a stop loss after that message. I would love to hear Cary's thoughts on why he sold seeing that I just sold the same stocks because I thought they where way ahead of themselves and also I was way overloaded with tech stocks in my portfolio. I would love to buy them back at lower levels. Time will tell.
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