Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?

To: Phil Jacobson who wrote (1454)	3/7/1998 1:51:00 AM
From: TheInvestor	Read Replies (1) \| Respond to of 3351

Ryan, I am with you on the sell at 9 3/4, I think it was a wise move. The stock will dip into the 8s, and you can take this money and buy even more shares then you had before. Those who hang in will see their shares loose some value, but go nowhere for a period of time. Then it should climb back to the 9s. I expect to see between mid 8s to mid 9s as the trading range for the next several weeks, or until the next major news announcement. $12 is a pipe dream without more significant news. Don't get carried away by the hype train. As far as taxes go, yes, if you buy and sell you will show profit/loss at end of the year. I find it hard to believe that those who criticized you for selling now will not take their profits sometimes in 1998. After all we still have 9 months more of trading and alot can happen in 9 months to completely change the face of stocks. So, don't listen to more of this pipe dreams stuff. Congrads on taking your profits, and hope you do as well on your next trade. TI