To: invest04 who wrote (762 ) 1/6/1998 1:31:00 AM From: Rosendo Gonzalez Respond to of 5736
Hmmmm I've been here a long time with nothing much to say. till now. Seems to me we have two groups of people here. Those who have the stock and are doing nothing but waiting for the "Big Deal." And those just lingering around waiting to take a position right before the "Big Deal" is announced. Neither group seems to be happy with the status of the situation. Hello, is anybody out there? In all this back and forth explanation of why this is a such a once in a life time deal and why this is a total scam (read David S) , have you overlooked the obvious? This is a GREAT TRADING STOCK. Take a look at its chart. Take a look at is oscillations over the last few months. How many times has the opportunity presented itself to buy the stock low and sell high. After all isn't the #1 rule of traders, BUY LOW SELL HIGH? Geesh. Hell I don't mind admitting that I'm scalping as much money as I can out of this stock. Last sell of mine was at 15 5/8. Today I bought it all back at 14 1/8. Why does it have to be BOOM or BUST? If some of you are so unhappy with the situation why not scalp the stock? Here's the way I look at it. I buy the stock on dips, sell it when it moves up and I feel it has reached a resistance point, and then buy it back on the next dip. What's the worse case scenario? (No, not that, I will address that one in a sec.). The worse case scenario is you buy the stock on a dip and it continues to drop. SO WHAT? Come May we will have the news; so the stock will go back up. Big deal if I'm stuck with 1k shares 2k shares or whatever for the next 4.5 mos. In the long run it will pay off; or better yet in 1 week it will bounce up again; and I will sell it. Now the other case. I sell my stock; the news comes out over night, or after market and I'm left high and dry, right? No, I don't think so. I keep a core holding of CCSI that I won't sell till the end of the year or later. So why doesn't everyone just make the best out of the situation.? If you don't mind waiting more power to you. If you're tired sell and buy back, if you think this is all BOGUS, short the stock. Do anything but complain about the time table CCSI is on. Remember it's their time table we are abiding by; NOT OURS. p.s. I would like to thank everyone for their contributions to the thread, especially Janybird, Skippard, and Stephen. Regards, Rosendo