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Technology Stocks : Terayon - S CDMA player (TERN) -- Ignore unavailable to you. Want to Upgrade?


To: Robert G. Harrell who wrote (373)3/20/2000 7:48:00 PM
From: Robert G. Harrell  Read Replies (1) | Respond to of 1658
 
The stock did not trade today like it was under attack by short sellers. The selling today looked like normal nervous profit taking or loss minimizing. (My friend called me this evening to ask my opinion on the article and what he should do. I asked his cost basis and found out his broker had done him a real favor and got him in at 259. Ouch!) This would have been a great day for shorts to panic sellers and it didn't happen. Perhaps those articles were just lousy journalism.

After hitting 168 in the initial sell off this morning, the stock bounced off 170 five times today. I put in an order to buy back my shares at 170 1/4.

Hope the sellers don't re-appear right after I get my shares back.

Bob