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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Irish who wrote (10689)	6/14/2001 3:27:28 PM
From: Tom Hua	Read Replies (2) \| Respond to of 19633

Irish, since you like to tuck away some really cheap stocks in the jacket in hope of a miracle. I got one for you to look at. ABTL. It has $3.7/share in cash, no debt, can be bought for $1.5 now. Sure there're plenty of companies trading below cash for good reason. They are losing money quickly and will soon run out of cash. Such is not the case with ABTL. ABTL's bottom line has improved significantly. Management projects a loss of 10 cents this quarter and profitability beginning Q3. Once they're profitable, no way stock trades under cash. ABTL will merge with AWEB. The combined company owns the e-commerce space in car buying, and related services. I don't have time to go into details. They are also a strong candidate to be bought out by one of the big boys. I bought yesterday and today and will continue to add. Regards, Tom

To: Irish who wrote (10689)	6/14/2001 8:46:18 PM
From: Paul A	Read Replies (1) \| Respond to of 19633

Irish, im really starting to like you :) I saw your sell of MUSE at 27, and decided to cut it there.. had a buy at 26.85, and another at 26.. Just as everything has gone wrong for me over the last 3 weeks, today was one of those days I could do no wrong.. Even Toms mention of MSCC, I dont know how I forgot about it but I did.. and so I took that profit as well.. CCMP im officially done with.. Made money, and wont be playing it again anytime soon.. The one thing that will stop me from being successful at the markets showed its ugly head in a big way with CCMP.. Even after covering today and making a decent profit, I wasnt satisfied.. The hatred went right to the bone for me.. and that just leads to over allocating, and downright foolish trading..I knew it was a traders delight and originally made a ton off it with a 4 position score.. Then the last few weeks it rubbed me wrong and the rest became history.. I knew the fundamentals in the semi sector above what the average person may know, but the truth is- the market could ignore those fundies for weeks/months.. maybe years.. to let ego/temper get ahead will just bust my account.. I know I dont have too much to offer people here.. in fact, between the temper and the pot smoking- some people might even find it a more pleasant place to hang out without me.. but if anyone gets anything from my babbling, the one thing you can learn is the emotional aspect of trading.. I know most of you folks fight the same demons.. the urge to gamble or get angree and loss sight of what its all about.. Im just a very vocal person and have no problem spilling my weaknesses out in an attempt to 'come clean'.. on that note- im happy to brag that as of close of business today, my account has hit an all time high.. Matter of fact- im heading out to spend money right now.. ...high on life baby : ) yeah,.. right..