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Technology Stocks : Cheyenne Software - Will it be bought by Computer Assoc.?

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To: John C. Hom who wrote (25)4/9/1996 8:20:00 PM
From: Jerry J. Kaczur   of 130
 
John, we all take risks in the stock market. I was extremely lucky. My holdings in CYE were sold on the rise followed by 30% drop on March 28th. I was also caught by surprise. We're just one trade away from humility! Almost sold out part of my position in CYE today - it only went to a high of $16.25 - I'm set to unload at $16.50.

Depending on how much you bought, you might want to average down by buying some more in the 15-16 range and then waiting it out. I had to do that with TRMB - Trimble Navigation late last year when the same thing happened. A month later I made a tidy profit. If I had hung on longer, it would have been a REALLY nice nest egg!

I think CYE will get up to the 18 range in a couple of weeks. But it's going to be up/down for a while.

You might want to register with LOMBARD Institutional Brokerage. You can get the intraday and histroical trade information for free. I'm using Lombard and Waterhouse for my accounts right now. I'm paying more for commissions than with e-trade, but I like the features I'm getting from them.

MAN, is this a DEAD GROUP! Any more poor investors get burned by CYE? How GOOD are their network products? I may be looking for newer stock pastures soon. I particularly like the cows in MU. I hope they don't get mad cow disease that'll spread!

- Jerry
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