SCM MIcrosystems Message Board

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Technology Stocks : SCM MIcrosystems

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To: CMon who wrote (39)	4/2/1999 8:18:00 PM
From: David and Elena Krikorian	Read Replies (1) of 45

I saw the article and I know you won't believe this but I sold out at $90 the friday before. Your comments did not fall on deaf ears and the bottom line was I just did not feel comfortable in the stock. The clincher for me was the week leading up to the Barrons article when the stock kept rising on lower and lower volume - always a negative sign. I bought and sold SCMM 3x this year and each time made no less than 12 points. I thought about shorting the stock after I read the news but alas I did not. I usually buy puts instead of outright shorting. You were right, but I made a good deal on the stock so I am not sure were that puts us. You may be starting to get even or you might even be up on your short by now, either way you will do fine on SCMM as it has probably only started its death march. I am just glad I got out the last time when I did. Current holdings include LHSP, NTBK, NITE, AWRE, MOT and TERN. I am currently up on all positions but I am also ready to sell at any time. I sometimes don't get the entire run but I also hate to lose. What do you like up or down?

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