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Technology Stocks : Interliant, Inc. (INIT) -- Ignore unavailable to you. Want to Upgrade?


To: Manly who wrote (629)8/4/1999 11:44:00 PM
From: AlienTech  Respond to of 1214
 
>>and just when you think you're dead and can't take it anymore and sell, they bounce the next day. You bang your head on the wall swearing that someone is monitoring your every move since the stock only moves up after you sell it. <<

Which is why my break even price is higher than the highest this stocks ever got. I sold @ 17 before it ran up to 23, I sold @ 20 before i ran up to 24, I sold @ 18 before it ran up to 20. But I was still making money then. To change my tactics to a buy and hold since fundamentally INIT looked very good. Not many others I could find at the time which had still nto run up 100-200%. Not that it makes much difference now, those that ran up have fallen back as well. So in this market no one looks at fundamentals. Or at anything. Hell the shorts see a stock off the lows of the day and they jump on it with no fear. In fact the biggest complaint is, They cant get upticks to short even more. And they are now margined to the hilt. hmmmm reminds me off a few other times...



To: Manly who wrote (629)8/5/1999 7:36:00 AM
From: lazarre  Read Replies (1) | Respond to of 1214
 
Its not history ( summertime, summertime ) repeating itself here, its human nature.

In the morning Blodgett pulls the $20 target out of his hat; imagine if he pulled the little piece of folded paper that said $35 or $60
or $15; luck of the draw.

Then late in the day I catch him on CNBC saying that when the INUTs come back in the fall/winter--as you know they will--the ones roaring at the head of the pack will be the B to Bs. Ok, Henry, so what's
INIT, chopped liver?

I'm pissed ( just at myself ) cause I made my last buy ( without having to liquidate another holding ) of INIT at 16.75 ( cost basis now at 18.80 ) and thought I was smart, especially when my brilliance was confirmed 2 days later at 19.60 or so. But like they so often do, the gods ( chuckling all the while ) just a day or so later, well, you know.

In the end it doesen't matter; INIT is a LT hold for me. Just that I prefer to have my paper show + instead of -; somehow you just feel different.

At $12.50, I have more questions than I wanted to have at this time. Like what do I sell to buy more and do I buy it here?

L