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Strategies & Market Trends : Three Amigos Stock Thread

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To: LTK007 who wrote (6826)7/14/1998 9:19:00 PM
From: Cary C  Read Replies (1) of 29382
 
>>I do believe in the AIRM story,and what ever my decision will not
because I don't believe in it-<<

Max I hope you didn't think that I was implying that you didn't believe in AIRM. I really didn't know one way or the other. Here is another way I would look at it.

When I decided to invest in AIRM I had a dollar figure that I was willing to risk based on what I knew about the company. I currently have that much invested in AIRM. I don't believe that something has changed FA wise to make me consider buying more based on a risk to reward situation. From a stock price standpoint I would consider it worth risking more if the stock was to venture down to the 3 1/2 area.

Barring any major surprises with earnings I don't see it getting there unless the MM's decide to take it down real quick to either take out stop losses or to try and shake a few shares loose. GTC would probably be a very good way to go.

Cary
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