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Technology Stocks : NCDI - Network Computing Devices

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To: Lincoln Landis who wrote (4021)1/1/1999 3:48:00 PM
From: Blair P. Houghton  Read Replies (1) of 4453
 
I don't think it will make much difference to your losses.

I think it was one buyer making a spot trade that a Market Maker had to widen the spread for just to justify covering it.

Without any good news on the horizon (big deal, IBM sold a few thousand terminals...) the price will dribble back to where you sold as the sell-at-market orders come in and the buy-at-market orders don't.

This company looked so promising a while ago. But they didn't do it quietly enough. They scared the PC market into dropping the $2k/unit facade and starting a price war. Now they're a niche player who have some technology that just might play in a lot of other niches, but will never be the mass-market product that will make them large-cap.

I'll hang on, though. I have a hunch that the small-cap stocks will get an irrational boost during the next six months just because they've been neglected for the last year. NCDI is still the biggest player in TCC, but I might hedge by going long BDLS on Monday...just wish I'd done it last Monday...and BOCI is sitting just above support...and there's always wee NWRE...hey, any of you guys want to pool resources and buy NWRE outright? I get dibs on the director's chair if we do.

--Blair
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