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Technology Stocks : Andrea Electronics (AND)

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To: Ron Kline who wrote (1275)7/11/1998 5:34:00 PM
From: Ghassan I. Ghandour  Read Replies (1) of 1356
 
I bought back into this stock and I will buy more if it goes down more. I always liked the technology this stock represents. A year and a half ago, I bought the stock at an average of 12 and sold later, after less than a year for an average of 50. I also sold short at 34 (post split) and covered at an average of 18. Thanks to the Andrea family, I am all set for an encore! I will wait for that whatever it will take. All news I recently saw about this company was great. Also, the time for the big contract with the military that the company alluded to exactly a year ago is drawing very close by now. Given all the future potential, the stock appears to me as highly oversold as for a possible temporary earnings setback or the insiders selling, I can't complain as without that, most likely, I wouldn't have been able to buy back at today's levels. Go AND... Ghassan.
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