COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

-67.5%

Nov 7 11:47 AM EST

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To: Glenn D. Rudolph who wrote (6077)	10/2/1997 3:29:00 PM
From: freeus	of 22053

Hi Glenn Nice to see good news (dell'oro info.) What is dell'oro, does it have anything to do with Dell? Question for you or anyone: I have some nice gains on gas and oil stocks. Some I have sold and locked in the profit some not. However, I also recently bought a small finance company, CPSS, intending to hold it for about 50% growth ($17-$26). It looks good on FA and TA was doing nothing. Now it has broken resistance and gone below 16, which is unusual. I had intended to keep it for a few months, until the auto industry (they do auto loans) goes into its usual slump BUT I dont want to give away my other gans by allowing a small loss to become a big loss. But I dont want to be "impatient" either. I'm not asking you to tell me specifically about this company. Instead, I'd like a philosophical viewpoint on how much one should allow a "loss" in a company which is not actually core holdings. Obviously when usrx went down I whined and wept but did not sell.. I do the same for Intel. But this is not a core holding, so maybe I should be looking at it differently. At $17 a $2 drop is a very large % drop. Philosophical meandering opinions from anyone, please. Freeus

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