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To: STOCKaHOLIC who wrote (7704)11/18/1997 7:55:00 PM
From: Vanni Resta  Respond to of 11057
 
Phil, QNTM actully got a very minor upward revision today, which confirms that it alone is the only DD stock worth having money in right now.

Personally I don't touch any of these stocks anymore. I made a lot of money in the ride from May to August, then I got out at the right time. But now, they are too risky to even trade.

Earnings revisions provide a great early warning system, but even with them, you just never know when something else is going to blow in such a shakey sector. Who (other than me this monring at 11 am) on these threads was even considering that SEG would come out with even MORE bad news?

But I agree. These 5+% daily moves are great for those of us who recover our dead money and start to use it again. I just prefer to play those moves in stocks with a better long-term outlook. Not ones that are likely to go deeper underwater and stay there for several months.

Happy Investing!

Vanni