CMP Message Board - Msg: 5616010

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Biotech / Medical : CMP

CMP 23.29

-4.0%

Jan 16 9:30 AM EST

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To: marshall freeman who wrote (1199)	8/28/1998 2:43:00 PM
From: Linda Kaplan	Read Replies (2) of 1308

His reasoning? He sold HIGH and he bought LOW. That was his reasoning. He would have sold at near 8-1/2 yesterday and bought back near 4-1/2 today. Not a bad day trade; you could say he made almost 50% in that day. Unfortunately I have huge losses in this, of about 70W% I guess, and missed the chance to get out at around 8. So now I either have to take a 70% loss or I have to tie up my money another six months or a year till this company digs itself out, if it ever does. Holding would be gambling I would at least get more for it than today and maybe get to near break even, or just a 20% loss or so after a long wait. Neither choice is that great but it's not a great situation. Linda

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