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Technology Stocks : FSII - The Worst is Over?

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To: Donald Wennerstrom who wrote (2435)3/24/1999 11:07:00 PM
From: Donald Wennerstrom   of 2754
 
I made a statement in my previous post that was obviously wrong <<By today, everyone who was going to get out had already gone.>>

By the close of the day, FSII was down another 18 percent - and intraday it was a lot worse than that before it recovered somewhat. The trading volume was 2,304,200. I could find only one day in FSII's history when the volume was higher - that was on 2/16/95 when the volume was 3,144,400. Looks like a lot of people got "snookered".

Since 11 March, 9 trading days ago, FSII has gone from 10.13 to the close today at 5.88, a loss of 43 percent. To get back to where we were at 10.13, a gain of 75 percent is needed. Someday it will probably make it, but it looks like a long wait!!
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