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Technology Stocks : NovAtel - Global Positioning Systems
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To: tango who wrote (140)4/16/1998 12:40:00 AM
From: swrdfsh  Read Replies (2) of 191
 
i agree. i have been buying every time ngpsf drops into the $6 range. The last opportunity wasnt that long ago and it built back to over $10. If you bought the stock on speculation only, i can understand the frustration. I saw several thousand bucks evaporate over the past few days too. I cant believe Marconi is scamming us. If they were, why did they buy at the top? they could have let the stock collapse on the warning and then steal it. Why also would they make statements about wanting to preserve its "entrepreneurial independence"? They have more at stake in this than any of us. How can they expect to turn a buck if they slam the employees who own stock? It is the speculative players who drove the price up on rumors. They were looking for a quick score, they got burned, they bailed, and now they are crying. I am not sympathetic because they got burned. On the other hand,I am sympathetic for the employees who are getting jerked around. Everything considered I think the situation is actually bullish at this level. Im gonna buy another chunk tomorrow.....and hold. The most ive paid so far is $6 1/2. Hopefully i wont have to reach over that. Please, if anyone really believes that this was a big scam, go ahead and complain to the SEC and the Canadian equivalent, but dont file one of those idiot crybaby lawsuits!!!
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