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Technology Stocks : Netro Corp - (NTRO) -- Ignore unavailable to you. Want to Upgrade?


To: William Miller who wrote (375)10/1/1999 10:37:00 AM
From: rdmsqito  Read Replies (1) | Respond to of 792
 
Can anyone verify the 200k share buy(@26 3/16) that I saw go through a few minutes ago? Makes me feel a lot more comfortable in my investment here.



To: William Miller who wrote (375)10/1/1999 10:43:00 AM
From: Mark Oliver  Read Replies (1) | Respond to of 792
 
Nothing screws up a good investment more than watching it trade daily. I have the same addiction though, a desire for action and sense of control. So, I do trade stocks I know are well positioned.

I was pretty clever taking 10 points profit on HLIT in January. Only problem, I didn't buy it back quick enough and it flew away. Trades for $125 now.

I think we've probably seen a temporary bottom on Netro. It'll fluctuate for now until either the market crashes, or they have news. Probably a good chance you'll double your money if you can be patient enough to wait a year. So many stocks going crazy these days, it's hard to be patient.

On the bright side, I find it easier to hold a loosing position than a winning position. Yeah, I had Phone.com from $70 and watched it drop for a couple of days to $40, only to rocket up to $150 at which time I sold it. It was too difficult holding a stock that was up so much, but I felt very patient about waiting for a comeback.

I guess I'm a little weird. Problem is I see this attitude will never allow me to win with a Dell or MSFT like investment. I'll always take a profit long before the great return.

Regards,

Mark