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Technology Stocks : Storage Dimensions - STDM

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To: Jimbo Cobb who wrote (21)	6/5/1997 10:12:00 PM
From: Sparky Beardslee	of 311

Mark:...the problem with waiting for the open is that you find yourself "chasing the stock price lower" and eventually placing a "market order" anyway just to stop the bleeding. This happened to me with WTT. I placed a market order at the open and got filled at 13, just one point off. The stock closed at 10. There is no soft landing here. But I think the majority will wait for the open before selling. Since I do have a position in this issue, I will have something to think about tonight. Perhaps, we can discuss possible alternative stocks to move our money in to. BTW, jobless claims came in at 19,000. Est. was 1000 new claims. Bond mkt should like this. 110 is bullish. Sparky

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