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Technology Stocks : Globetel and Sanswire
GTE 3.710-0.9%Oct 30 3:59 PM EDT

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From: YadaBoy12/19/2006 2:26:28 PM
   of 14
 
Well, after over 8 years holding this puppy, I finally bailed today.

I bought 50000 pre-R/S shares at .03125 on May 28, 1998. (I think I had hopes for the dengue fever kits, but I really don't recall exactly why I bought. I was into penny stocks big time back then.) I watched my $1600 crap shoot run up as high as $43000, and still I held. I watched it tumble to a net loss, then rise again. My faith in Doc Hinton, Tim Huff and company held until this latest housecleaning. Like many of us long-timers, I feel betrayed. Now I need to liquidate, lick my wounds, and move on. My 3334 post-R/S shares fetched 45 cents each, for a net loss of about $115. All in all, it was an interesting ride that's left a bad taste in my mouth.

YadaBoy
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