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Technology Stocks : Formulab Neuronetics Corp.(FNCLY)-Anyone following this CO -- Ignore unavailable to you. Want to Upgrade?


To: Dan Thomas who wrote (100)11/21/1997 12:42:00 AM
From: FDHIII  Respond to of 210
 
Diane,

I was thinking the same, I bought some at 6 1/2 and some at 4 15/16. I would rather sit on it for six months or a year and average down a third time before I sold on a serious loss like it stands today. This company would also be a good buyout candidate, I was in short, now I'm long!

Franz



To: Dan Thomas who wrote (100)11/21/1997 1:48:00 AM
From: Diane  Read Replies (1) | Respond to of 210
 
I only average down when I'm pretty darn sure the stock will go back up. I'm not certain FNCLY will. If I hear some good press on MindWizard or other encourage news comes out, I might average down. But right now most of my other stocks are doing great (Peoplesoft, Qualcomm etc.) and I'd rather put my money there. I might sell and then rebuy when I think it has hit bottom. And, I'd rather take a tax loss this year than next.

I haven't given up yet, but I'm not going to sit here and watch the stock go entirely down the tube.

I'm also NOT encouraged by the fact that FSS is entirely avoiding talking about the stock.