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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Wes Stevens who wrote (87370)	3/20/2000 6:52:00 PM
From: Manny	Read Replies (2) \| Respond to of 108040

Maybe not. But its best to take losses and run when you can. Companies like these never ever come back. I was once involved in a company named Centennial Technologies. I was doing great until it was suddenly halted. News was about account manipulations, wrong earnings, etc. 95-100$ stock opened under $1, got delisted. There were class action suits etc, but companies like this will wipe out our accounts!

To: Wes Stevens who wrote (87370)	3/20/2000 6:53:00 PM
From: InvestLady	Read Replies (1) \| Respond to of 108040

Well, we have been through this before, I think we are feeling it a bit more now because smaller stocks have had a good run since Jan. last year it was the Internets taking a hit at this time-Yahoo, ebay etc...now it is the biotechs, big and small....Agree with Kevin, they will come back, it is just those dam margin calls!!! I need to take a pill and go to sleep and wake up tomorrow to everything being up!!!!(now if I only had a pill!!!)

To: Wes Stevens who wrote (87370)	3/20/2000 6:58:00 PM
From: vagabond	Respond to of 108040

CALD & ACLA have now been priced for trading tomorrow -- CALD at 14 (up from original range of 10-12), ACLA at 21 (up from original range of 16-18). No pricing yet for SNOW. These are the only three "big ones" I see set for tomorrow so far -- anyone know of any others? As of now (according to "Alert IPO") looks like INSN is set to trade Wednesday, BLZE on Thursday, and SLAB and EPRS on Friday. But of course, those dates could change... Vagabond

To: Wes Stevens who wrote (87370)	3/20/2000 7:02:00 PM
From: vagabond	Read Replies (1) \| Respond to of 108040

Wes: >>>"...earlier they said that there are many more companies out there using the same accounting methods as mstr was."<<< Geez, THAT's even more frightening than if it was only this one company. Hate to think what might happen if some of this thread's favorites turn out to have the same situation, and are forced to do similar re-accounting. In fact, I won't think about it right now, too depressing. Think I'll just go to sleep instead and hope everything's better when I get up tomorrow... :-) Vagabond