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Technology Stocks : E-net - (ETEL) Patented telephony product -- Ignore unavailable to you. Want to Upgrade?


To: ARTHUR GRONBACH who wrote (32)11/25/1997 10:41:00 PM
From: Judith Weintraub  Read Replies (3) | Respond to of 545
 
Can anyone tell my why the warrants have held up better than the stock and when is the selling supposed to be over???? Sold half my position at 8 (they actually took it at the asked) and now look at it - what a mess. I still have a profit but it's pretty mealy now!



To: ARTHUR GRONBACH who wrote (32)11/26/1997 1:00:00 AM
From: SteveG  Respond to of 545
 
<..Do you hav any feedback on the comdec show last week. How was the etel product received. Does any body know anything about unicent. >

Arthur-

This one acts kinda strange. As I mentioned last week, selling may have been going into Dec's payday. I was disappointed in the Unicent announcement. Their tech HAS won awards, and I understand some more significant announcements are forthcoming. Having said that, I am hesitant to suggest that anyone buy or hold (based on MY comments).

But, a RUMOR is [==CAUTION==], there will be 5-7 announcements forthcoming (no definitive time frame - which is WORTHLESS, but it's suspected to be over the next few weeks/months). Three of them are supposed to be revenue generating. I'm long a lot of shares, and bought more on the way down, including today. It HAS bullishly gone up on good volume, and down on smaller volume. Strong support at 4 (a painful 30% FURTHER down from here)

I HATE rumors, but I have understood that it might be good to be long going into next week. But I have no crystal ball, and this stock IS still a story stock at this point, so do your own due diligence.

Good luck all

Steve

(For the record - I sold a lot of my shares, very luckily, on the 24th, and am currently long more than I was originally when I got in starting on 10/13)