Firstwave Technologies, Inc. (FSTW) Message Board

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Technology Stocks : Firstwave Technologies, Inc. (FSTW)

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To: Jacques Chitte who wrote (140)	12/12/1997 8:52:00 AM
From: Timoteo	Read Replies (2) of 1205

Alex M.: off-topic: I was squeezed in a very big way with ZITL @ 70 last X-mas, was not very ho, ho,ho; feared losing everything if it pulled a Diana Corp and went to 150 and covered losing big. Was gun-shy for a while but reshorted @ 23. Learned never to put too many eggs in one basket, no matter how good the basket looks. If I would have had a smaller position, I'd be up 250% on my initial position now instead of losing 1/2 my portfolio equity. I would never go long on ZITL because they could drop a bomb at any minute, and I do not follow the market that close to recover. Plus, the stock is a terd! CUBE may have hit bottom. I would be a buyer, but am concerned how Asian problems will affect them. They may take some charge and kill earnings. I do see the sohrt interest as a big plus long term; when the stock turns around, squeeze time. Best Wishes, Timoteo Best Wishes

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