The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: dpg48 who wrote (73925)	11/18/1999 8:20:00 PM
From: Samuel Wayne Turner	Read Replies (4) of 90042

Well, I too am holding nn. Should have had the courage to load up but it was such a risky play. I have done ok with it. Bought 1300 shares week before last at 15 3/4, and sold the other day at 19 1/4. Then I reentered this week for 1600 shares at 19 5/8 and am still holding, plus after I sold last Friday I bought 10 call contracts on nn to cover me in case there was a buyout (bought the March 20s) which I am still holding as well. So I have done reasonably well. My instincts told me that the company would probably put itself up for sale and to take a bigger position, but I was scared to load up because of the risk that TM would be near suicidal in his desire to maintain the company and I would be stuck in the stock for many months. I congradulate beach and jas on their determination to stay the course and only wish I would have had a bigger pair( read greed is good, but pigs get fat while hogs get slaughtered).

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