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Microcap & Penny Stocks : DCIC/FTEL/FNET

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To: regine who wrote (158)8/4/1996 4:32:00 PM
From: LT   of 405
 
Hello Regine,
One way to not get back in is with a market order at the open. I don't truly know your level of investing experience so I may be rehashing things you already do and know and if so, my apologies. When I want to get into a stock I always use a limit order good for the day only. If I really want a stock and don't think 3 or 6 cents really matters, I'll place my limit order in above the ask. My broker always gets me the best price available but it gives them some room to maneuver. Now, as to DCIC or FTEL, call your broker about 8:25cdt and find out what the current quotes are and make your decision. We may have some time if the street has not digested the news yet and then again we may not. If you don't get in immediately, I'm not a fan of chasing a fast moving market. Let the market settle down and that usually takes about 2 hours or so and see where things are. Make a calm, intelligent decision and weigh the risks. There's nothing worse than buying at a top but it happens to all of us occasionally so make sure you can live and sleep with whatever you choose to do. I hope this helps some and I also hope things work out for you whatever you decide to do. TAke care...

Mexican Hairless
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