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Technology Stocks : VIAS VIASOFT & THE Y2K PROBLEM

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To: g-man who wrote (351)6/4/1997 12:52:00 AM
From: TEDennis   of 2067
 
g-man: I've liquidated all the VIAS in my gambling accounts. Did that at 52, then 2 days later bought back in at 51, sold it at 53 that same day. This stock is very volatile around its peaks, and I wanted to make sure I locked in that profit at 52. The one day 2 point gamble was exactly that ... a gamble, based on gut feel. For once, my gut did me good. Then, I thought I had screwed up because it went up to 55. I think the trend is down now, though.

Will probably start accumulating on the way down for the same reason. Don't want to miss the bottom ... like I did near 27. I had made the decision to get back in big time and had big buys in at 26 1/4 & 26 3/4. Darn thing turned around and went up 4 points in a couple of hours as soon as it touched 27. Damn ....

An exact science, this is not.

Good luck,

TED
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