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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: woody who wrote (55039)8/25/1999 8:37:00 AM
From: Jane4IceCream  Read Replies (2) | Respond to of 90042
 
woody,

Believe it or not its one of my cardinal sins as a trader that I still hold INIT considering where I first purchased the stock at in the mid to upper teens. My belief in my DD on that company tells me this current share price is very undervalued and I believe the PR would help immensely. I also think ML has had alot to do with this downfall. BUt my confidence is still there as I added to my obvious long position a few days back under $13. Keep in mind others in the sector like EXDS and ABOV languished at lower levels until they got PR and upgrades and look what happened shortly thereafter to each of those shares. I also had ISLD and held it long but it snapped back pretty darn good.

I'm holding INIT...

Jane:-)