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Technology Stocks : EGLO Executive Telecard -- Ignore unavailable to you. Want to Upgrade?


To: Mike Petriv who wrote (214)1/13/2000 12:27:00 PM
From: Lutz Moeller  Read Replies (2) | Respond to of 300
 
Mike,

i got in after briefing.com's positive comments @12,5, hoped for a big pop. I didn't happen.

Now I leave burnt and hopefully wiser not to enter a momentum game I do not understand.

This is the second time I entered a long position in a stock, after it was positively featured on CNBC or briefing.com, only to overpay it in the short term. As I am on margin, I have to be a little carefuller after I was careless.

A question to the thread, away from short time price movements, how would you folks see the business prospects of EGLO within the next 1 to 2 years?

Lutz



To: Mike Petriv who wrote (214)1/13/2000 12:37:00 PM
From: Dako  Respond to of 300
 
TGLO is now upside down for every long since 2pm last Friday. And so many of them probably unknowingly owe their positions to shares newly created from some of the millions of shares underlying the scads of outstanding preferreds and warrants. Put this together with whatever additional dilutive plans the company has for raising much needed new capital and you have a prescription for some ugliness ahead.

All in all, expect the rush out of this stock to look like a bad case of food poisoning: "Two exits and no waiting!"