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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?


To: Paul Engel who wrote (28002)7/8/1998 10:53:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 33344
 
Paul; In case someday you see someone say they have a cost basis below the lowest point a stock sold at; here is one way it can happen.
With out being an insider, Monday I bought nsm twice, yesterday I
sold half at a profit, this morning I bought that half back
cheaper than I sold it. My cost basis for NSM is now 12-3/8 , and
thats a 1/8 lower than she has traded this year.
There are likely a few that have it even cheaper than I do.
I have not wrote any puts yet, I save that in case she drops
more than I count on.
Jim



To: Paul Engel who wrote (28002)7/8/1998 11:07:00 AM
From: d[-_-]b  Read Replies (1) | Respond to of 33344
 
Paul,

AMD is 67% down, but it will take a 300% gain to recover - so you were perhaps thinking about the "recovery" side?