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Technology Stocks : Vertel (VRTL) 10xbagger in the making

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To: Dennis J. who wrote (99)7/9/1998 12:18:00 AM
From: Arthur  Read Replies (1) of 465
 
At the time I saw this as an opportunity to pick up some
more shares cheap, and bought 1000 at 3 1/16 as I thought
it would hold 3, then bought another 1000 at 2 13/16 when
it kept going down. I assumed it was just some bored MMs
on a Wednesday afternoon playing some games and that the
stock would quickly snap back to the previous trading range.
But in retrospect it seems more likely that there is some bad
news coming, such as the ever popular earnings warning, and
those in the know were getting out early. I didn't see any
news after the close today, so I expect the stock to bounce
back a little in the morning if there is still no news.

Arthur
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