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Technology Stocks : Teletek (TLTK): Relaxed and Holding
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To: Barbara A. Becker who wrote (3290)2/22/1997 10:35:00 PM
From: FRED KAYE   of 3645
 
Barbara:

If you're looking to do some day trading, if I were you, I wouldn't touch TLTK. There are probably literally hundreds of incredibly better opportunities at this same price range with much, much better stories to tell than TLTK. TLTK has been my biggest loss since I've gotten into the market (I'm a relative newcomer but I'm learning fast!) I no longer hold any shares - got out at $1.31 after getting in at about an average of $3.33 and losing several thou. All is relative, but for me that was a very big loss.

Perhaps you're a wealthy individual who has money to burn -- but if that's not the case, IMHO you'd be incredibly foolish if you're "game for a little fun" not to play the game with a stock that has the potential to be a real winner - even on a day trading basis. For instance, take a peek at the SI thread on SCMS and read through some of the recent posts. That's just one of so many, many stocks that would present a much better trading opportunity for you. Why not just dump your 3,000 shares of TLTK and trade into something else? That would make more sense than trying to trade this dog.

If per chance you are some very wealthy person who does have money to burn, instead of having some fun with TLTK, why not give it away to a worthy charity! That would make more sense.
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