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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: iceburg who wrote (15820)4/21/1998 3:14:00 AM
From: Kerry Lee  Read Replies (2) of 29386
 
<<Does this mean you are back in??? Damn we write a good soap opera...I am in for another pound tomorrow...>>

As you already know from our last telephone conversation, unlike the rest of you "pro" day traders ( eg Roger Arquila ), I was never "out" of the stock. Why should I waste my time posting in the face of sheer and utter panic selling which occurred the day of the Sun announcement? Obviously people chose to ignore my posts on Sun so why should I beat myself over the head trying to counter mob mentality just so I can be attacked? I don't understand why others continue to post so much after they have dumped the stock ( eg. Craig S, Roger A ). It sounds to me like most of you so-called SI "longs" dumped at 5 1/8 - 6 1/2 in the 3 days following the Sun announcement and are somewhat perturbed that you haven't been able to buy it back for $3-5.

Since I own more than 1 stock, I simply refuse to obsess over a single stock/company on an hourly/daily basis. In the meantime, there has been money to be made in other areas of technology over the past month, eg, SEEK, ITVU, PSIX, ARX.

PS- Steve, do you have any bold predictions on the T-Wolves-Sonics series?
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