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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Mad Monk who wrote (668)7/2/1997 5:05:00 PM
From: Dwight E. Karlsen   of 10786
 
I bought more ALYD today also. Prices below $20 will be a thing of the past soon, IMO. I am encouraged by the volume drop to normal to slightly above normal levels.

I had to go on a planned out of state vacation starting last Thursday Morning. I decided to place a market "buy" order the night before. I figured if it filled at $20, that would be fine with me. However, when I got back home yesterday morning (Tues), I was kind of shocked to see the order had filled at $23.00. Looks like it gapped up $3 overnight between June 25th and July 26th. I was able to sell some other stocks, plus I had mailed my broker some more $, so I was able to double down at $19.00.

I'm not too worried, as the next significant contract will shoot us over $23, at which time I can pull out of the other trade.

DK
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