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Technology Stocks : Softworks SWRX New IPO

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To: BANCHEE who wrote (169)7/29/1999 4:52:00 PM
From: Ron Harvey  Read Replies (2) of 191
 
In an especially ugly market today's trading was very encouraging. New buyers are jumping in as profit-takers run out of gas. When I bought on Monday at 5 1/2 and 5 9/16 I had hoped to sell at 7 1/4, but the stock looks so strong that I think it's worth holding for more. The putative bad news wasn't bad news at all but a panic inducer that created opportunity. I wouldn't be surprised to see this stock retrace to where it was last week.
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