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Technology Stocks : Information Architects (IARC): E-Commerce & EIP
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To: 45bday who wrote (4497)2/18/1998 8:29:00 AM
From: Robert K. Sims  Read Replies (1) of 10786
 
solution, I have to tell you much hasn't been learned from the fire sale except the stock may go lower. It may or may not, as always with Alydaar, I don't have a clue. You can bet one thing for sure. If the price drops in the 13's (which is the next lower level) as Tech indicated in his last TA, I'm ready to add another 10,000 or so shares to my portfolio.

I have bought into this company, and yes, I'm holding the stock until we get closer to the Y2K. As has been said before "eventually pigs will fly". I don't think Alydaar is a pig so it should fly higher when the panic sets in.

I do not have the freedom to trade this stock in a tax free fashion so I chose to hold, even though it differs with the opinion of others and agrees with some. It's the choice I make. To trade this stock makes perfectly good since to me if all I had to to was sell at a higher price an buy back at a cheaper one and resell again. The hard part is once it's been sold it has to drop back much lower to buy back cheaper than the profit minus the taxes. I've done a little math on this myself and even though I'm missing some short term profit I think that in the long run that more cheaper shares moving to a larger number will be more than fewer shares at a higher price moving a lesser amount.

"Good Luck" to everyone.

Have a nice day,

-Robert
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