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Technology Stocks : Stock Swap

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To: Grashopper who wrote (14907)	7/18/1998 9:54:00 AM
From: Andrew Vance	Read Replies (3) of 17305

AV--I think I followed your train of thought on all 5 stocks. UTEK may swing upward in the range mentioned and TER may recover a bit post options play yesterday. I do feel bad since it was never intended to have anyone believe that UTEK and TER could be used as a daytrade while taking profits somewhere else. I apologize if I gave you that impression since it was not my intent. A strategy you might want to think about is to set a 5%-10% profit target from your entry price and put it into "autopilot" with your broker. Whether dealing with a human or cyber broker, I am sure you could a Good Till Cancelled sell order in to cover yourself. This way it is done automatically and you do not have to constantly monitor. Just to make me feel better or worse, would you mind teribly emailing your entry points in these 2 stocks. I would like to see how much damage I might have caused. Unless you hit a peak high, which does not seem likely since you were looking for a bottom, you should be able to back out of these stocks within the upcoming month at approximately a 7.5% profit, I guess. In the schemme of things, that wouldn't be too bad of a black eye. Sorry again. Andrew

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