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Technology Stocks : Tekelec -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (1521)5/22/2000 3:25:00 PM
From: John Curtis  Read Replies (1) | Respond to of 1648
 
Buy? Man, you got THAT right. Back up the 'ol traders truck and load the puppy UP!! Now admittedly someday the odds have just got to catch up with one still I gotta think TKLC's all set to do a SIXTH upwards move in as many weeks.

So that's how I'm playing it. Particularly since what I think we're now seeing is the inverse of Uncle Green Sammy's "irrational exuberance" commentary. That is, "irrational pessimism" now seems to dominate, what with rate fears, market fears, etc.. Bottom line? This too will pass.

As for me the operative question now is, having bought some at ~$28....do I take the point gain now and bail...or do I wait and see if it crawls back above $30 in the next couple of days? Hmmmmm....given the pattern of recent weeks/months...me thinks I'll wait and play it out...

John~