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Technology Stocks : Netcom

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To: Michael Kim who wrote (2513)1/18/1998 9:24:00 PM
From: Richard Makowiec  Read Replies (1) of 2601
 
er..um head...mine ..um...mica...long....platter...shooken up...dizzy...um...big loss...um..reduced earnings...um...

Ok...slow down Rich and try again. Deeeeeeeep breath...here we go. I stayed long in MICA at a full entry and just had my head handed to me on a platter the last 2 days from an earnings pre-announcement (which incidentally leaked 3 pts. early for the smart money)...shook me up a bit.

How's the Netcommer's doing? Hey MK, I read that George Soros
biz.yahoo.com
is sending a team to S. Korea to determine if enough appeal exists to warrant a 1 bil. investment over there. Looks like the markets like it.

This week is my ESST earnings...I am long it again at $7 7/8...I need a break this week from that one. That way I can spend more time managing this MICA thing. I know what you mean MK about the up-down thing...it gets old. I wish I had reduced across the board...I told myself to and didn't do it for one and only MICA (should have hedged it with some puts at least)...that one messed up my nice weekend I had planned with the wife and kids...couldn't even "Supersize" for them at McDonalds do to the loss:(:(:( The kids ran out of french fries and were they ever mad, not even the Nintendo 64 from X-Mas could offset yesterday's pain from them:):): They still think Mc's beats Burger King fries any day!

Seriously though...hope everyone is doing fine...wish we traded tomorrow becasue of the strong Asian markets tonight...our luck they will be down tomorrow night and then us opens weak Tuesday...yuck!

See ya all and good luck,

Rich
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