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Non-Tech : Simula (SMU) -- Ignore unavailable to you. Want to Upgrade?


To: wally who wrote (911)2/3/1998 6:17:00 PM
From: Honest Abe  Read Replies (1) | Respond to of 1671
 
"Patience"

I held onto Unisys for a year and a half waiting for a potential turnaround after they had already failed at least 3 times. It bounced around between 5-7 or so, and finally, with nothing but delays, I sold. Now around a year later it's 16 or so.

Patience has awarded me with my biggest winners as well as penalized me when I lost my patience with my biggest 'missed opportunities'. My basis in Simula is 18 +. I originally bought at 16+ and then doubled up on the way back down. They are having trouble right now, but the good news seems really good if taken separate from the bad. I'm holding on until the bad news seems to overwhelm the good (in aspects other than market price, which is really the worst news there is).