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Biotech / Medical : CNSI Cambridge Neuroscience

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To: Steven Messina,L.M.T. who wrote (455)12/22/1998 12:53:00 PM
From: Mike McFarland   of 675
 
Ouch, hope your total loss dollarwise
wasn't so bad. I'm buying my last few
thousand shares here just below a buck.
I thought for sure that 1 1/4 was the bottom
yesterday, geeze. Something like 2 grand down
the toilet for me, of course, it doesn't really
matter if you dont take the losses, just where
you sell later on. Now just as long as I dont get
stopped out I'll be okay. Have not yet figured out
exactly where that point is for me...averaged in
at 1 3/16ths I think, so somthing like 3/4ths
probably, yikes--one bad day for biotechs in general
and that could happen easy. Of course I just do mental
stops, but same difference. I think I'll shut off
my machine and go Christmas shopping now...losses
in cnsi pretty much erased gains I've taken in the
last week. Oh well, like I said, I'm not willing
to lock any losses in, and am still buying.

--MM
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