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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: Jon Scott who wrote (1687)4/11/1999 11:46:00 AM
From: mike.com  Read Replies (1) of 13157
 
Well Jon, I think you are completely mistaking the reason for the name change. It was done more as a joke than anything, certainly not to try to hide my previous posts. To understand my feelings you would have had to have been in DataRace as long as I was and to lose as much money as I did. Things looked very bleak. I was on the verge of bankruptcy. My whining on that thread is almost legendary (well among the regulars in the Clubhouse, anyway). I was told about IATV by Serafino, who also lost on RACE. Serafino was generous enough to share the tip and I almost immediately jumped on before doing much research. I had seen what another of his tips had done (NEON). Anyway, I got in in July of last year and in my typical all or nothing foolish way, I sunk my remaining capital into IATV. Now I think you know the next few months were not good at all for the stock. It was languishing at $2 and not many people were caring. It looked like another DataRace - a company with a great technology that no one really cared about. The difference, of course, was the IATV had the big partners already involved who did care and they were working to bring about the successful introduction of the technology to a willing and anxious public.
So yes, I was lucky, but I did do my research and I think you will notice the change in my posts even before the price started moving up. I was thrilled to be in the stock at such a low level and continued buying all the shares I could possibly afford. I learned from my mistakes and moved on. Now you still haven't answered my question - when should I sell?
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