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Technology Stocks : ASD Systems, Inc. (ASDS)

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To: Bill Lotozo who wrote (379)12/15/1999 10:10:00 PM
From: Susan Saline   of 491
 
ISLD .... sigh ... I shorted near 70 down to 60
went long at 64 ... but it was not done falling
I traded it for few dollar 'flips' several times on the way down to 40 and on the way back up .... to ... always holding a 'core' position
when it got back up to 64 ... I thought of taking the money and run ...
but
having done that so many times ... only to see them go higher, I held on .... finally selling well above a hundred ...

I guess my point is ... no stock goes straight up ... nor straight down

and unless you are a perfectionist ... one will not always get the bottom of a cycle.

Having traded these internet stocks and IPO's for many many months now, I realize this, and I realize ... it is those with patience who are rewarded.

If a stock worries you ... get out ... it is not worth the headache.

Go back and read some of the fundamental data on the company, if fundamentals are your forte ... then make a decision and follow through ... whatever a decision is ... it is the right one

do not look back if being a seller

we "Acknowledge And Move On"

good luck in your decision Bill

Sue .. long ASDS

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