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Technology Stocks : Vidikron Technologies Group (VIDIC)
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To: Volcano888 who wrote (573)12/15/1997 10:31:00 AM
From: Greg Werlinich  Read Replies (1) of 782
 
Bill -

I obviously can relate to your frustration as we have been in this stock for a similar period of time. I have to admit that I have been buying the stock. I last picked up another 5,000 shares at 31/32. I would buy another 5,000 around 3/4 or so. I really believe that this is tax loss selling. I also believe that q4 will see a continued improvement from q3. I think other good things are in the wings. I'm just not willing to bite the bullet yet. Also, I don't need the tax loss. If you really are thinking about bailing out, consider buying part or all of your position now, around a buck, then selling the old stock in January or February, presumably for a higher price. Use the tax loss next year. Either way, good luck and keep in touch.

Greg
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