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Technology Stocks : Artisoft (ASFT) Sleeper about to wake?
ASFT 0.270+1.1%Oct 14 11:49 AM EST

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To: Lee Grisham who wrote (734)7/9/1998 3:31:00 PM
From: Linda Kaplan  Read Replies (1) of 810
 
At least your loss isn't too bad. I'm still out, but watching for another entry point. If I have free cash I might buy back in soon.

A while back I was roundly trounced for having taken some profits in ASFT, so I just want to make a general point that noone really knows how a stock is going to go, even people who know a considerable amount about fundamental analysis and do a lot of DD. So there's not just one right way to deal with things, and at the moment my decision to trade it looks like it was a good decision. Perhaps this will be a big profit again if people just wait, but I'm happier that I took a smaller profit than I could have gotten, but freed the money to trade elsewhere. If you don't mind waiting this still could work out well for those in the stock, and sometimes averaging down is a good thing to do, too, while waiting for it to turn upwards again. There are a lot of ways to skin a cat, and as long as we all end up with some profit, I think it's good.

Linda
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