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Technology Stocks : ACTL -- Ignore unavailable to you. Want to Upgrade?


To: William Grady who wrote (29)12/3/1997 1:03:00 PM
From: jonpcar  Read Replies (1) | Respond to of 37
 
Why did ACTL just collapse to 12 1/2....I can't find any news other than there were a couple of big sells (100,000, 60,000).



To: William Grady who wrote (29)12/5/1997 2:36:00 PM
From: Glenn Omura  Read Replies (1) | Respond to of 37
 
William, you did quite well with XLNX...I moved too slowly and sold at 37. Everything was perfect for XLNX: fundamentals and technicals...as close to a perfect buy as I've ever been lucky to find (thanks to this thread!!). ALTR has poor fundamentals and is very weak technically. What little momentum it had been building for the past month was lost a couple of days ago.

Let's see if we can find another XLNX...BTW, I'm following your buy/sell strategy on XLNX. The pattern is obvious when you mentioned it, but when I bought it, I was thinking of holding it for 3-4 months for a 2-bagger so I was thrown for a loop and was unprepared to exploit the fast rise to 40. Glenn