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Technology Stocks : The Roaring Twenty 1998

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To: White Shoes who wrote (66)4/30/1998 12:13:00 PM
From: White Shoes   of 338
 
Sold SCTR at 36 1/2 (bid).

Rationale: after the merger the price has soared. It is now worth more than I understood it could be worth...clearly 2-3 years of growth already factored in, the synergies don't do it for me...great profit anyway and thanks to Cousin Bob on Stocksite for the lead on this one (a GNET production :) ).

Reason I got into it was 2 words: PCS rollout. But this rollout is not indefinite and I am never all that cranked about a hardware business if I can get out while the getting is good.
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