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Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Naggrachi who wrote (3610)12/13/1999 3:01:00 AM
From: Cogito  Read Replies (1) | Respond to of 5023
 
*** OT ***

>>My biggest regret, other than hold IOM, is not buying CTRX after MSFT announcement crashed CTRX's stock to $9 presplit, two years ago.<<

Zead -

It's CTXS, not CTRX. As I've posted before (I think), I actually bought CTXS two days before that crash. Bought at 32, and two days later nearly had a heart attack when I checked the quote at 10 AM and saw that it was at 12. Holding it for the next three months, while the price fluctuated between 9 and 12, was hard. I had enough faith to continue holding.

It's been pretty easy to hold on since then, through two splits. ;-)

But speaking of regrets, I first bought CTXS at 25, just a day or two after the IPO. I sold a couple of months later for about a 10K profit, thinking the stock was really ahead of itself. I don't even like to think about what my original stake would be worth after all the splits since then.

- Allen



To: Naggrachi who wrote (3610)12/13/1999 10:39:00 AM
From: Alan Rosen  Respond to of 5023
 
Nag,

Maybe this will make you feel better...I had access to some insider info on CTXS before almost anyone knew what they were about. I did nothing. Probably missed a couple of K.

archcc



To: Naggrachi who wrote (3610)12/14/1999 10:32:00 AM
From: Ken Pomaranski  Read Replies (1) | Respond to of 5023
 
<< My biggest regret, other than hold IOM, is not buying CTRX after MSFT announcement crashed CTRX's stock to $9 presplit, two years ago. >>

I remember that. I bought 3 days before that occurred. I bought shares at $36, ended up selling them for $15. I got a huge margin call.

I didn't trade for 2 months after that fateful day! Since then, I've learned to be more careful (not put all eggs in one basket), and not to buy any company whose fortunes are tied to microsuck! It's too easy to wake up one day with your fortune gone.

The next big stock? Check out ARBA. This one will be huge! EXDS is still hot too. Both are splitting next week.

You like NOK? What about their chip supplier, RFMD? I
mentioned this one before on this thread, about 200% ago. Many fund managers call RFMD the 'Intel' of wireless.

Good luck!

kp