To: JLS who wrote (27687 ) 6/14/2000 1:29:00 PM From: Mark Konrad Read Replies (2) | Respond to of 57584
IONN...Thank me IF and when it goes to 10! This li'l dog has had a couple of false starts (and this could be another) but the basing pattern looks pretty solid...a strong historical floor between 5.50-6.00 with plenty of upside. If IONN were to reach only 30% of its high we'd be looking at about $15/share. I like that kind of risk/reward ratio! All in my opinion, of course. OMKT...I sold 1/3 of all my shares at 18 1/4 which I believe will eventually prove to be far too low but I wanted to take some profits and put the money to work in some other underpriced issues. I'll sell more if there is any sustained weakness and buy them back around 14-15 or above 20. QCOM...exited all trading shares at about 78 when it failed to break descending tops line. Will buy back under 70 or above 81...dead money, imo, until either happens. LPTHA...sold about half the shares acquired yesterday at 29 1/2 for 32 1/4 (which I also believe will eventually prove to be far too low) but I am cautiously holding large (for me) positions from 21-29 1/2. It looks like 35 is our breakout point. Maybe this latest run is anticipating some "news." NBCI...this one caught me...fortunately my average cost is "only" about 18 1/2, but I lost one heck of a nice profit and am now sitting on a loss. JNIC at 27 3/4 is a relatively low risk buy, imo, and a close stop could be used. I'm adding a few shares here to positions acquired at 25-26. Lots of others to look at later: NTRO (!), ADAP, WFII, etc. Quiet days like this are a good time for me to reassess all my positions and trades and finish painting my kitchen! Regards, Mark