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Technology Stocks : HARBINGER (HRBC) -- Ignore unavailable to you. Want to Upgrade?


To: Diver who wrote (134)7/7/1998 8:35:00 PM
From: Marty  Read Replies (1) | Respond to of 402
 
I wished I had bought more today but I am up to my ears in other stuff. But for what I do own, I'd sign a contract for the rest of my life to have every one of my stocks gain 43% year to year in earnings. The hell with First Call estimates and missing the shipping date by one day to make the quarter. What does that really mean? This has been a hysterical panic over really nothing as far as I can tell. This doesn't portend flat or lower profits in the future or that there is anything really wrong with the company or the industry other than they make too high estimates.

I guess if you are searching for the hole, you will never see the donut.



To: Diver who wrote (134)7/8/1998 8:09:00 AM
From: Brian A. McGrath`  Respond to of 402
 
Well since you asked, I'll tell you a lucky war story. A few weeks ago when the market looked really bad, I has to run out of the office at about 9:30. I was worried that the market would tank and I was on margin, so I told my girl to sell 4000 Hrbc at a limit of 21. Well, she didn't get me and put in a market order and got only 20 1/4. What was worse is that was the only trade at that price for the day, which ended up being the low for the day, and then the week. You could imagine how I fumed when I got back to the office at 10:00 and the stock was at 22 already. Then, to make matters worse, I had to watch the stock go to 25.

Then came yesterday and I realized how lucky I was. When the stock traded down yesterday I was lucky enough to grab 1000 @13 1/8. I was a little nervous and didn't want to hold it overnight so I sold @ the close.

Good luck to everyone, I will probably jump back in at some point for the long term, but not right away.