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Technology Stocks : Peritus Software Services (PTUS)
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To: Gustav G. Widmayer who wrote (1904)3/7/1999 2:45:00 AM
From: Larry Brew   of 1960
 
Gustav, << 2800 shares >> That's a whopping $900 dollars from one
hand to another. 1400 shares each way. If it's being day traded with
a 1/8 point move, taking out the commission both ways, someone made
about 150 - 165 dollars. If they were lucky enough to pull it off
every day by watching it closely, they'd rake in about $800 a week.
More than likely it's at best a 60 / 40 win. Now we're down to
$160 / week or $32 bucks a day. This should pay for the food and
beer while you trade all day. Roll in the electric bill for the p.c.
and taxes, hmmmmmmmm, doesn't look good. Probably even worse after
TED tweaks my numbers. <g> Oops, the spread was on 3/32, so things are
actually 25% worse. I picked PTUS to rally on news. WIN SOME, LOSE SOME. :-)
Larry
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