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Technology Stocks : Emulex, What Prospects? -- Ignore unavailable to you. Want to Upgrade?


To: Mike E. who wrote (619)8/26/2000 7:44:15 PM
From: freeus  Respond to of 788
 
Excellent answer thank you.
I did not have emlx (and probably wont, as I consider it "overvalued") but I have learned so much this hour from you and Jason.
Thanks again, what a lot of intelligent discussion goes on on S.I. (along with the 'crap' of course).
Freeus



To: Mike E. who wrote (619)8/26/2000 8:29:05 PM
From: Sr K  Read Replies (1) | Respond to of 788
 
And NEVER place a market order when you are not continually monitoring the market and the security and the trade. I used to never place market orders, but I seem to use them about 25% of the time now. With EMLX some people may have placed market orders to buy seeing the 65 and under price, and not monitored the halt and resumption. I know one person who panicked (or followed her limit rules) and placed a sell order just before the halt and it didn't get executed, and during the halt I got her to cancel it. Maybe the opening resumption trades were at ~120, but she got out at 108. What were the first trades after trading resumed?