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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?
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To: song deng who wrote (1330)7/9/1997 2:08:00 AM
From: Linda Kaplan   of 3431
 
I appreciate your advice, and take it well. I already use a system of management for investments like this which helps minimize the loss and maximize the gains. I sell small amounts at fixed points as it rises, buy small amounts more at fixed points when it drops. It isn't the same as pulling out half profits, but there's the history. I bought on 2/11/97 at 14-5/8, had six small buys consecutively in March and April. Then I had three sells in May. I have almost 50% more shares than my initial buy. My average price was reduced to 12.41. My sells took place at prices of 12-7/8, 13-7/8 and 15-3/4. My next sell will occur when the stock gets to 18-1/2, but it will only consist of 1/8 of my position. If GEMS goes down instead, I will have a buy at a price of 10-3/4.

Does this make any sense? I'm pretty tired. :-)

Linda
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