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Non-Tech : Bill Wexler's Dog Pound
REFR 1.730+10.2%3:57 PM EST

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To: golden_tee who wrote (413)3/26/1999 7:34:00 PM
From: Victor Lazlo  Read Replies (1) of 10293
 
Don't forget pal, it can go down 21% on no news, too.

Few years back I owned a stock that jumped 12% on no news, and that was equal to a 40% jump based on my buy point; the next day I sold 2/3 of my holding at another 1/4 point higher, knowing that it could go the other way on no news too. I was right, that was 1996, and it has never been as high since. And this was a real co w/ real revs and earnings.

Hope you're taking notes, bub.
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