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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (13330)8/3/1999 4:43:00 PM
From: gizmo&jack  Read Replies (1) of 108040
 
One other wireless-related stock, SCKT, was ridiculously oversold today. My guess: people came in for the earnings release and despite the strength of the release, the stock didn't fly immediately and people left. This stock will not go much lower than it is at currently and the potential is astronomical. Lots of smart money came in at days end to scoop up bargain basement prices. Patience will be rewarded on this one. Also, kind of wish I had kept my DRGI after today, but once I distrust a company I am gone. Too many other stocks out there with less risk and I always choose to fight another day than risk everything with shaky managment. JMHO. Good luck to all who still own it, though. G&J
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