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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO) -- Ignore unavailable to you. Want to Upgrade?


To: David Patrick O'Connor who wrote (4013)10/18/2001 10:22:40 AM
From: Bruce Prescott  Respond to of 4081
 
My portfolio has taken a beating as well.

Sooner or later, however, I think all my holdings will bounce back. It may be later, rather than sooner, for THDO.

I've cut back to about 60% of what I had in 3DO a couple months ago. That cut my average cost per share to $2 and gave me some more losses to deduct from my income tax.

I'll probably reinvest in 3DO around Thanksgiving. Right now there are too many bargains in stronger companies that will probably rebound sooner than 3DO.



To: David Patrick O'Connor who wrote (4013)10/25/2001 5:17:19 PM
From: Bruce Prescott  Read Replies (1) | Respond to of 4081
 
David,

Sold out my position in 3DO after looking at yesterday's earnings report. Too much bad news and too much risk for further losses.

This is the first time I've been out of THDO in years.