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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (47125)7/27/2000 6:18:13 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
well, I hope some here did what I was talking about with MRVC. I didn't. I got sidetracked at the end of the day and didn't sell the calls. I sold in AH trading at 58. A very painful sale. A 31 pt trade and I still have a bad taste in my mouth.

I sold in AH trading since the market is selling stocks that don't meet estimates. Additionally, they had a decrease in revenues from the prior corresponding 6 month period. This can be attributed partially by the discontinuance of the lan business, but the growth rate just didn't impress me. I will likely own MRVC again, but I will wait for a lower entry point.