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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Apollo who wrote (5859)9/2/1999 4:12:00 PM
From: MulhollandDrive  Respond to of 54805
 
Stan,

It's doing quite a turnaround at the end of the day. I would also like to add to your comments about "timing" this stock. As you know I sold all of my RMBS holdings during late July after the PC133 "support" evaluation, coupled with market conditions, with the idea that I could buy back the stock MUCH lower, low 70's or so.

I've been buying back in mostly in the high 80 low 90 range. Certainly it would appear at this point, I would have been just a well off to hold thru volatility, but I did have some concern about just what type of support INTC would give pc133. Now that I know that INTC considers the RMBS architecture pivotal, I plan to hold. I'm still disappointed that I didn't get those 70 dollar shares today<g>

bp