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Technology Stocks : Network Peripherals (NPIX) can Lead FastEthernet market???
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To: Noblesse Oblige who wrote (69)1/22/1997 8:41:00 PM
From: brother   of 174
 
Noblesse:

First, let me thank you for posting your insights from the call. When I dialed the number, I kept getting a busy signal so I couldn't listen in. I really appreciate it.

I agree with you in your assessment completely. The problem for me is that I short term trade for a living, and so waiting out any sort of recovery from whatever happens tomorrow will not be pleasurable. I have orders in that, if they get filled (and they probably won't)will atleast let me out at breakeven. In the event that the orders don't get filled, well, I'm not sure what to do. In general I would cut my losses and move on, but if the losses are substantial, that's not always the best route. Any opinions?

I should also point out, and I know you don't necessarily agree, that I still feel somewhat comfortable about the IBM acquisition possibility. As I stated earlier, I would never recommend anyone trade on this sort of info, but I feel comfortable with the source that told me the possibility of a deal was greater than 50/50. Even if it doesn't happen, I am thinking it won't be long before this stock is run up again on speculation of a takeover. Any thoughts on this front for me?

Again, thanks for posting your thoughts on the call.

brother
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