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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge. -- Ignore unavailable to you. Want to Upgrade?

To: ENOTS who wrote (939)	11/15/1997 9:28:00 PM
From: Emec	Read Replies (2) \| Respond to of 1923

ENOTS, An important point to remember about waiting for a rebound. ATPX has fallen 33% from its high. It now must appreciate 50% to get back there. Yes, it may, eventually. The point, which I think applies whether one considers himself/herself to be a trader or an investor), is this: Cut your losses early when a stock is headed down with no end in sight (at least in the short term) and put your money into something that has a better chance of going in the right direction. I think this stock will go up in the spring (If TPG is on track) In the meantime, I put a lot more money in my pocket at$15/share that I can use elewhere to (hopefully) make money and buy it back cheap in the spring if I so desire. JMP.

To: ENOTS who wrote (939)	11/15/1997 10:51:00 PM
From: Steve Rison	Read Replies (1) \| Respond to of 1923

ENOTS, I'm not a scalper or a day-trader, but I'm learning to not get emotionally attached to my stock picks. Also, I'm not suggesting a person use an exit formula every time a stock price dips. I'm still holding three other POWs which I bought in August (CADE, RECY, SEEQ) and these are down from their recent highs. However, I still have a profit in these, especially in RECY, so I wouldn't consider selling these until my break-even point is reached. However, if they should ever drop to that point, I won't hesitate this time to sell them, no matter how good I think the companies may be. I can always buy them back again. Steve