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To: Duker who wrote (210)10/4/1999 4:11:00 PM
From: Duker  Respond to of 706
 
... filled at any price ...

Filled again at $11 3/4 ... if I had only known this at $20 ... then $17 ... then $12 3/4!

--Duker



To: Duker who wrote (210)10/4/1999 4:11:00 PM
From: Charles Tutt  Respond to of 706
 
I managed to average down to about 15.8 today. I had an order in for more at 11 5/8, but it looks like I ran out of market. We'll see soon enough whether buying more was a smart or a dumb thing to do.

As always, there were only three choices available: buy, sell, or hold. I've been lucky on other occasions when I've bought big dips; hopefully this will be another example.

JMHO.



To: Duker who wrote (210)10/4/1999 5:06:00 PM
From: miklosh  Read Replies (1) | Respond to of 706
 
BTW, does anyone know of a website that rates companies management and ceo's? Does this pattern look familiar?

1 stock is cheap,

2 insiders buy,

3 management lies to shareholders,

4 stock runs up to new highs,

5 insiders sell at the top

6 brokers get preferred clients out of the stock,

7 Stock gradually sells off 20-30% over next few months on no news,

8 stock suddenly drops precipitously while management says nothing

9 bottom fishers start biting, thinking that the selling is overdone

10 Management comes out of the closet and tells the truth

11 stock price falls off a cliff (usually an additional 20-50%) and the bottom fishers are catching falling knives all day long

12 the dead cat bounce

13 purgatory for the stock, where it marginally moves up or down for quite some time with a few fake recoveries thrown in for good measure

14 insiders reprice their options

15 take two maalox and repeat steps 1-14 ;~)

<Whoda thunk?> Duker I know what you mean. I put in a limit order last fri that missed by 1/16! I wasn't sure how I felt about it then, but I'm ok with it know:). I'm thinking maybe we get a dead cat bounce tomorrow and then the stock is dead meat for a while. If the stock bounces to 14 I will exit with a modest loss and look to reenter at 10-12.

good luck

Miklosh