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Technology Stocks : IMRS racking up y2k contracts. -- Ignore unavailable to you. Want to Upgrade?


To: Nanda who wrote (1699)11/14/1997 11:33:00 AM
From: TEDennis  Read Replies (1) | Respond to of 3162
 
Nanda: Just a thought ...

If an investor had sold his shares at 30'ish when it was apparent this stock's price was degrading, he would have had more cash to buy more shares at 20, which when ridden back up to 30'ish, yields a 50% gain. The rudimentary calculations ...

100 shares @ 30 per share = $3,000

$3,000 @ 20 per share = 150 shares

150 shares @ 30 per share = $4,500

$4,500 - $3,000 = $1,500 more dollars than you originally had

$1,500 = 50% of $3,000

It never pays to fall in love with a stock.

Lock in profits and retire rich. Earlier.

TED



To: Nanda who wrote (1699)11/14/1997 11:38:00 AM
From: Mukti Samal  Read Replies (2) | Respond to of 3162
 
Look for a close below $21. Profit taking might take place in the last two hours.