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Technology Stocks : Stock Swap

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To: Logain Ablar who wrote (16735)9/25/1999 11:51:00 PM
From: Andrew Vance  Read Replies (1) of 17305
 
*AV*--You hit the nail on the head and most of the readers were given full warning ahead of time to do just that. Lots of cash on the side ready to take advantage of the upcoming bargains. I know many readers headed for the sidelines and are already looking at 15-20% discounts on many stocks.

Admittedly, PUTs, other options, shorting, etc. (the negative side) is something we do not choose to do that often. However, if a reader chooses to do that, they know that when we call a reversal cycle, it is a good time to think about the negative side of the market and how to benefit.

I did short 2 stocks that I did not talk about in the newsletter since I do not adovcate the negative side and it is way too risky.

We did well to exit when we did and we have yet to call a re-entry. We are just coming up with a short list of 10 or less stocks that stand the best chances of making the largest percentage gains WHEN these stock recover.

I like most of your list, need to check out some that I am not familiar with, but question three stocks FRO, NN, and SYBS. I will do further checking on them though.

AV
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