SYQUEST Message Board - Msg: 5079845

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Technology Stocks : SYQUEST

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To: ran up who wrote (6783)	7/1/1998 10:35:00 PM
From: Ken W	Read Replies (1) of 7685

ran up How could it be at 1 3/8? Simply put...Dilution, MM's playing, shorts playing (you buy 1000, they sell 100) any number of things effect a stock price. Last Dec. I bought 1001 shares of RING at 2 1/16 on great news of a buyout. Great earnings came out that same Q. The stock drifted down to 1 3/8. I was dejected and beat, because the stock did not go to 4.75 in the next two weeks. The stock traded between 1 3/8 and 1.75 until April. I nearly sold several times at a loss. The next Q. RING came out with good earnings again and higher than the Q prior. The stock went to 3 and I sold at 2 15/16. The moral... Dec to April is only 5 months. Most here have been in SYQT for about 1 month (including me) co miserating over every 1/32...I will be back in 5 to 6 months and visit my profits then. Ken

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