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Biotech / Medical : HEALTHSOURCE NYSE: (HS) UPWARD BOUND???

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To: Ronald Choi who wrote (5)2/18/1997 7:59:00 PM
From: OldAIMGuy   of 25
 
Hi R. C.,

After a buying binge that lasted from $22 to about $11 on HS, I've finally started to sell a few shares and recover some cash reserve for this stock. When it was down from $40 to $22 it looked like a good time to buy, but little did I know that it would continue to suck cash out of my account.

I sold about 4% of my holding at $14.50 about a week ago and today sold 4% more at $15 1/8. My next sell will be at $15 3/4. These sales have been at a FIFO loss, but a LIFO gain. I'll keep piecing it out until I'm comfortable with the level of cash I have to back up my investment. A price of $20 would make my portf. quite profitable. My average cost is about $15 1/2, I'd guess.

Best regards, Tom in WI
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