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Technology Stocks : ATCO -- Breakthrough in Sound Reproduction -- Ignore unavailable to you. Want to Upgrade?


To: David Kuspa who wrote (383)5/13/1998 1:24:00 PM
From: carl a. mehr  Read Replies (2) | Respond to of 2062
 
David,
You are one smart dude! Your posting was excellent and right on.

You wrote in part:>>>
.... This is a speculative, news-driven stock, since profits may be months or years away, if ever.
....<<<

I truly like the if ever part!

But how do you sleep at night knowing that you sold your stock to a sure looser???
humble carl



To: David Kuspa who wrote (383)5/13/1998 2:30:00 PM
From: Lee Barrineau  Read Replies (2) | Respond to of 2062
 
David,

Don't even come in here sounding like some "I told you so"!

{{Folks, I'm really not trying to rain on anyone's parade, but I have to say that I think the party's over for now.))

{{This is the time to take some profits, IMO, and you will no doubt be able to buy back at a lower price if you like.}}

Back on April 14 when you sold your holdings, the price was between 7 for the high and 6.25 for the close. On that day you told us...

{{ATCO does not have any signed agreements with these new technologies that will lead to actual revenue-producing results. Would I like to sell my holdings at $8 and buy them back at $3 or $4? Absolutely.}}

Obviously, you felt that at 7, ATCO had peaked and would fall back into the 3 - 4 range. Why else sell if within the next 30 days the stock is gonna run up to 13. And you could have almost doubled your profits. The point everyone tried to make to you then was that if the stock runs, you won't be able to get back in time.

{{I still believe ATCO will settle back down in the <$7 range soon on no further news.}}

I thought you believed in the 3 - 4 range.

I still believe the trading we saw the last few weeks was based on more than just speculation and there's still some news out there we don't know about.

-Lee Barrineau