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Technology Stocks : Stock Swap

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To: Galirayo who wrote (12154)2/17/1998 10:40:00 PM
From: Andrew Vance  Read Replies (2) of 17305
 
*AV*--Funny, my target would have been $15 but I willmake a note of that. And Yes, I think we might see a dip in the DD sector prior to the next run up. I just sold off 1/2 my position in WDC at a profit and hoping for the best with the rest. If not, well, at least I have funds to average down.

Speaking of which, I was telling someone who took some nice profits on FTEL a short time ago to start replacing the shares as they fell. Hopefully that was done since it is up over 25% today. It got down to close to 1/2 the exit price weeks ago. FTEL could play to $6 before retracing again but I wouldn't be jumping on board after today's run up. I liquidated a small barely $4 position for a similar gain. Too much too fast are profits that are to be taken.

Andrew
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