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Technology Stocks : Concentric Network Corporation (CNCX) -- Ignore unavailable to you. Want to Upgrade?


To: Laptev who wrote (70)4/4/1998 1:31:00 PM
From: Larry V  Read Replies (1) | Respond to of 377
 
Laptev, Is it time to start picking my seat?
I've been doing it since I bought in three days ago and the irritation is becoming painful. Does anyone know what the ticker for "Gold Bond Powder" is?

Your reasons for selling were all good. The point is that this stock is a pure momentum play. I don't know what CNCX does and I don't care. I bought the two cheapest stocks on the ISDEX 10, CNCX and SEEK. Every day they inexplicably go up. I then call my broker and raise my sell/stop order and go to work.

To own this stock without a sell/stop behind it is like hoping the bullet isn't in the chamber. In the meantime I'm trying to corner the market in folding chairs. They'll be worth a fortune soon enough.

Best to all and be careful,

Larry