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To: ed doell who wrote (1187)12/5/1997 2:19:00 PM
From: anthony karpati  Read Replies (1) | Respond to of 4748
 
I can't say what's really happening, like most people can't. I'm in this thing for the long haul. A lot of people react like the Berger funds commercial, they want to jump in, jump out and make a lot of money in a short time. Rarely can you time the markets. You have to find a stock you believe in and stick with it. Last year I brought Dell at 52-5/8. I sold it at 54 and change. If I would have held the stock it would be worth over 170 today, adjusting for the split. People trade on emotions. Never sell a stock on a postive trend.
As to your question, what do I think is going on. Today is just another day. The MM's will churn this thing. The little investor will panic and bail. Look at the volume. Last time the stock moved down to 1-3/8 there was little volume to justify it. If you've been on this thread for awhile then you know we're waiting on an announcement of a cable carrier. Most likely TCI. E-school should bring in more revenue this quarter - we may get $1m. Probably sometime in the next quarter or two they'll be gearing up for the other regions. There are many good things on the horizon. You can't let one day rattle you. You have look at the big picture and hopefully it's going to be interactive.