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Technology Stocks : CIRC -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (267)11/24/1999 8:01:00 AM
From: Norm Demers  Read Replies (1) | Respond to of 300
 
Dale:

I would have held on, but it seems every day for the last few weeks we loose a 1/2 point or more. If I sold at the bottom then I guess I'm a fool, but I'm happier now that I safe from anymore losses. If I finally see a confirmed bottom I can always get back in. The only problem now is it's going to take a while to break all the resistance levels that have been created in the last few weeks. it's going to be a rough ride for a while. This kind of situation is why I usually stay away from these vapor stocks and stick with value plays at least I know where the bottom is. What's stopping this company from falling even further ? It has no real value at this point, nice growth but loosing money hand over fist. There's also too many unknowns. I'm kind of worried that the new VP is from Goldman Sacks. If this guy knows how the game is played then this stock is falling because he wants it to. Either that or he has a bunch of enemies out to make this stock fail. the only other option I see is that CIRC's management is completely clueless. Wouldn't you think the company would put out a little press to help support the stock by now ? Something is really fishy here so the safe bet is to get out and wait for things to settle.

Good luck on this one