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Technology Stocks : Engage Technologies Inc - (Nasdaq - ENGA) -- Ignore unavailable to you. Want to Upgrade?

To: gizelle otero who wrote (290)7/23/1999 1:24:00 PM
From: freeus  Read Replies (3) | Respond to of 754
 
re wait
Very wise advice, once again....I got my double plus on my ipo shares then was stupid enough to buy back in with five times as much in the 40's....on margin....but ipos are not marginable so its actually with cash. Stupid but my own fault.
Hoping that the next news will be good and propel it back up to new highs..but no way would I buy more at this point...
On the other hand, getting back in when you have none and doing it at 30 or 31 seems a good play, maybe even short term.
Freeus



To: gizelle otero who wrote (290)7/25/1999 2:26:00 PM
From: Techplayer  Read Replies (1) | Respond to of 754
 
gizelle,

Recently, trends on new ipo's are down for 10 days or so and are then up into the 25 day analyst covering period, before another sell-off. I expect a 25-28 bottom at which time I plan to re-enter for a 1-2 week hold.

Good luck,

Brian


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