RNWK is one that I sold way too early. I was in last Nov, averaged down in Dec, sold part in late Dec and out all early Jan. In again mid-Jan and out 10 days later. My MS Money says YTD gain is $2.8K. That would have been $10k more if I had held the last 100 shares till now. Will look for new entry point at 160, (40% from high). Being a long term subscriber to Real's software, I really should own this stock. Thanks to the pullback last week.
Waiting patiently after getting SPLH in the $6-7 range really paid off yesterday when they announced numbers that far exceeded expectation Thur. I track EFII which gave me some indication on how that market performs. The stock was just too much oversold. It went up 35% and triggered my GTC sell order at 8 3/8 for half with a gain of 2. I will sell the balance only when it is well into the 50% gain. This is the second small value stock that helped boost my portfolio last week, after TMBS. I am hoping my KEG will do the same in 3 months' time. It seems to have bottomed out at 3 and the bounce yesterday is nice indication.
I have some TIE (Producer of Titanium mill products) as another small cap value play, bot at 8.75, closed at 7 5/16 last week. This is selling at 50% discount from book (as of 12/31/98). Talks of investment funds selling growth stocks and moving into value stock, big or small, is increasing and that may be why TIE started with a nice move of +25% last week. Will be back in the black soon, I hope.
Not meant to be pumping, just wanted to share info.
RT
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