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Technology Stocks : Stock Swap
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To: Jim Fisher who wrote (14883)7/17/1998 12:58:00 PM
From: Andrew Vance  Read Replies (1) of 17305
 
*AV*--I am trying to forget about that one myself but I am glad you let it resurface. It shows fallability and I admit to that major mistake. I got burned on that one twice. First, on the stock and second for not backing HD when I saw BYDS was making stuff for them. HD would have been the better direction. But alas, it was a monumental screw up and took me some time to "metally" recoup that debacle.

In a way I am glad you pointed it out as a reminder to all to be careful. I step beyond my comfort zone and had both kneecaps blown away. This was the classic case where stop losses should have been in place and where averaging down just made matters worse. Thank goodness the nice winners this year outnumber the losers.

Andrew

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