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Microcap & Penny Stocks : SCTU - SC & T International Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mel Viticus who wrote (418)	5/5/1998 1:12:00 AM
From: Jim Johnson	Respond to of 741

Melviticus, I would like to comment on your Open Letter to UDN. First, It would be interesting to see how ALL the picks were making out...I would be interested in that info myself. Secondly, often these pennies move to a large extent on news and releases, then often return to their prior levels in fairly short order. That is not uncommon. Momentum plays? Yes, often so. Thirdly, how and when you deal with the information obtained makes a major diference. You state you lost money on NETZ. I bought in at .41 and sold the next day at .97 and made a bundle. How one fairs depends upon timing and activity versus actions. As to your question on when to get out, personally, if ever I am in doubt I take 35% profit and get out. If I leave some money on the table it is better than having lost it. There is always another issue to buy into. I am in no way connected to UDN and these are my personal opinions only. Jim J