To: The SPHINX who wrote (96860 ) 4/16/2000 7:27:00 PM From: If only I'd held Respond to of 108040
Maybe a small position at 10....in case all that appliance hype returns. I beleive they have a private on the way.....and it may not be from investors...if you know what I mean. Tejas...don't know about them guys anymore. I beleive they are pretty fond of the ECN REDI when executing sell orders. Kinda started smelling something around 29....and had to quit. A margin holding that wasn't giving me the liquidity so I took the closest thing that looked like a pop and dumped into it. Wipe my forehead every time I look at it now. Michael Murphy of the California Newsletter issued another strong buy on TRGA on Friday...from what some on the yahoo boards say...of course, he also reiterated his buy at 13 and change too.messages.yahoo.com The private they did for the 11 mill..biz.yahoo.com "The private placement was completed primarily with selected institutional investors." Yeah....whatever. Anyway, Navicyte, TRGA's wholly owned subsidiary, still leaves me wanting to speculate on the company. But I have a bad taste in my mouth with George Grass selling in the teens. I figure they set this one up at the H&Q conference. After all, they handled the trade for George. TRGA and PNJA...were the ones that hurt me. Bought too much on the dips...took several days to get out and when it was done, I was a firm beleiver that investing on margin is a bad idea. Of course, looking at them now, it appears I could have the same amount of stock using cash.....hehe. Looking for some beaten down companies in need of cash right now....that haven't moved for a while, but have contacts. Keep your eyes open. I think companies are going to be finding it very hard to raise cash in this market for a while. Most IPO's....probably won't happen. If they do, they probably won't add up to much. Here's hoping there is lots of really stupid money on the sidelines......:o)