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

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To: Randall E. Gann who wrote (51)5/28/1996 12:17:00 PM
From: chris431   of 2221
 
Given the huge volatility in this stock today as well as Friday I was just curious as to if this same volatility occurred with AMTX and ANCR on their way up to 30+. In an earlier post another person mentioned (possibly sarcastically) to make sure to put stop losses in. Well, I didn't and watched the stock fall from 17 to 15 to 13 1/8 within 15-20 minutes. I should have listened. I now have a stop loss in at 12 7/8 (given that it often rebounds at 13 1/8 to 13 1/4) being that I bought in at 11 1/8 on Friday. Does this seem like a decent stop loss given volatility? Anyhow, should one be cautious that CAWS really may not have a chance of going as high as AMTX and ANCR given its great volatility and inability to stay near its highs for any matter of time?

Thanks,
Chris Hinton
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