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Technology Stocks : RadiSys Corp
RSYS 1.720+0.6%Dec 11 4:00 PM EST

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To: Richard Karpel who wrote (279)1/24/1997 11:48:00 PM
From: Jon De   of 1472
 
Richard,
My apologies, with RSYS rising so rapidly I assumed Jeff was asking about Cabot setting predetermined sell points on the upside of stocks rising in price. You're correct about Cabot "normally" selling a stock when it falls 20% below its purchase price. Although I have seen them violate this rule several times in the past year on stocks that they felt were unjustly driven down. RSYS is a good example - Cabot recommended buying RSYS at 57, but held onto it even when it was falling to the low 40's. Looks like they made a good decision on that one.
Regards,
Jon
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