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Technology Stocks : Octel Communications OCTL

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To: David R who wrote (698)7/19/1997 10:22:00 PM
From: Laserbones   of 733
 
After some brief lurking I've returned to see this thread still going strong. People, If you've been holding Octel and watched it run from the mid teens to thirty I can only ask: Why in God's name are you still holding this stock?! That is, of course, only my opinion and do not use it as a guide for trading this stock.

David, thanks for the congrats. Do you recall a post I made sometime ago (I believe it was the Octel thread) concerning a company with the ticker PHSS? This co has nothing to do with the tech sector but I did mention it might be a winner. This sucker went from six to sixteen in the last four months or so. Do you remember the post and did you take a look at this stock?

Octel was a nice score, but I really missed a huge score with Citrix. Right after it plunged to below 10 I took a nice position but grew impatient with the Microsoft/Citrix licensing talks. I sold for a small profit and then watched it run up nearly 50 points in the last three months. If I had stayed in I'd be retiring at 34--OUCH!

I have been following CGRM and was disappointed with their last earnings results. Maybe I'll drop in on that thread and lurk for a bit. I'm fascinated with the Centigram-Lucent-Octel love triangle.

Greg
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