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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?


To: BonniesGuy who wrote (12793)11/11/1997 12:27:00 PM
From: nonzeroa  Read Replies (2) | Respond to of 18263
 
Keane Awarded Year 2000 Compliance Contract By Child Health Corporation of America

Agreement is Keane's 416th Year 2000 Contract to Date

biz.yahoo.com

Will there be any business left even if these jokers get their act together?



To: BonniesGuy who wrote (12793)11/11/1997 4:58:00 PM
From: Pete Mason  Respond to of 18263
 
>> Its time to put up or SHUT UP <<

Sure, but please, how about you first?

-- Pete



To: BonniesGuy who wrote (12793)11/11/1997 5:22:00 PM
From: Haolin Ni  Respond to of 18263
 
It is time for you to shut up and wait for ZITL to run up $40 then you can talk about absurd next MSFT.

I am not mind you conforting yourself about paper lose but we are taking profit now.

Good luck!



To: BonniesGuy who wrote (12793)11/11/1997 8:09:00 PM
From: Jumper  Respond to of 18263
 
Emerald Touts the ZIT on CNNfn

exchange2000.com

Corey has great strength and lots of goodies for all the upcoming litigation.



To: BonniesGuy who wrote (12793)11/11/1997 9:07:00 PM
From: HighGain  Read Replies (1) | Respond to of 18263
 
"Most of us who are Long have lost significantly more than you will ever know. But, it's only paper unless you lose the faith. "

BonniesGuy, I hope you don't mind a little advice from a seasoned investor. It appears you are making the classic mistake of falling in love with a stock (company). I've done it before; we've all done it. Its hard for any of us to admit we were wrong when we bought a company and we keep hoping we will be vindicated in the long run( ie keeping the faith). In my experience, faith works much better in religion than in investing.

IMO, any time you need faith in an investment you are looking for a major change away from "buisness at usual". Major changes do occur in companies but not very often. Betting on them is like betting on a long shot - can happen but usually does not.

You should not ever get in a position where you lose "significantly more than you will ever know". At some point you should decide that the investment has gone against you and you should cut your losses. When this happens, the quicker you realize it the better. I set a stop point when I go into an investment. Sometimes I use actual stop loss orders and sometimes I vow to redo the due diligence when the stop point is reached before I sell. Depends on the situation.

I have been both long and short on Zitel at various times. I have sold for a loss at stop points in both long and short positions. I don't let it go too far against me before I'm out. I currently have a very profitable short position which makes up for the losses and then some. I don't try to win big on every investment, I just try to win at all.

If I had faith in the MD story, as you do, I would be sitting on the side lines now waiting for that faith to turn into fact (real contracts). Yea, you will miss a few points on the up side, but your risk is zero if it never happens. Wait until that major change away from the "business as usual" is confirmed, then jump in.