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Technology Stocks : Judges Momentum Watch

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To: Swami who wrote (201)	7/10/1999 10:27:00 AM
From: Bill on the Hill	Read Replies (1) of 222

I bought 10,000 shares and held them over the weekend. Big deal, $300.00 is the cost and it was played as ultra risk. I went against my own rules I have set for buying bb stocks. I guess that I did it because I am hooked on the thrill the little buggers give me. But I don't risk much at all. If it makes any advance on news I am out and with level II I can watch the action a little better to get out. The total of 17 million shares trading hands is only about $300,000 worth of stock for the entire day. One big seller and this falls apart. It was only for grins and giggles. Cheaper than Vegas and probably about the same odds. Not a very wise thing to do. Level II is important for seeing the action on stocks. Do you have access to it. You may want to check with E-trade and see how close you are to qualifying for their level II system if you don't have it yet. Another penny that I am watching is PCBM. There was a rumor of a tie in with USAB which I own and I went and looked them over. They seem to be making good choices and news is expected early in the week. BB's move on news and at $.24 they are certainly affordable. Good Luck. Bill

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