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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Doug Fowler who wrote (10097)12/4/1997 1:56:00 AM
From: Scrapps  Read Replies (1) | Respond to of 22053
 
Doug time will tell if I'm right or wrong, and believe me I have considered doing as you say you would have done.

It is a bit different when you actually own shares in a company in how you think about buying and selling. Especially if you're in a long term position with the stock, and what your basis is.

I thank you for your reply and your candor.

You said:

"If I had owned 3COM, I would have sold with a BIG sigh of relief today."

I know what you mean, I do own 3Com....AND had a big sigh of relief at the close. WOW what a day.



To: Doug Fowler who wrote (10097)12/5/1997 10:09:00 AM
From: David Lawrence  Read Replies (1) | Respond to of 22053
 
Doug, I don't know if you're still following it, but Citrix just blew through $80 (+4 1/2 to $83). I hate to even think about what their market cap is now. I'm at a loss to understand it, but I have no complaints. I'm going to have to seriously consider writing well in-the-money covered calls.