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Non-Tech : Omniquip Intl. (OMQP)

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To: anthony lamont who wrote (70)7/12/1999 4:29:00 PM
From: OldAIMGuy  Read Replies (1) of 93
 
Hi AL, Last week my order to sell 4% of my position in OMQP filled at $10. That order netted me nearly 31% LIFO gain in about 2 weeks. Then today, my next limit order filled at $10-9/16 to net me about a 38% LIFO gain!

I'm still showing a loss overall on this account, started in Oct. of 1997, but it's recovering quickly. Break-even should come at about $11 to $11-1/2.

At this point it feels pretty good that I added to inventory at $7-5/8 a few weeks ago! My next limit order will sell off another 5% of my holding at $11. The order's in on a "good 'til cancelled" basis.

Best regards, Tom
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