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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] -- Ignore unavailable to you. Want to Upgrade?


To: Greed Is Good who wrote (2484)8/6/1998 1:30:00 PM
From: Andja Miskin  Read Replies (1) | Respond to of 15094
 
There are a couple of things I'm concerned about:

1) I don't put too much faith in technical analysis for low volume (relatively speaking) stocks. That said, however, technically, HDIE looks awful.

2) More importantly, in their last quarterly report, HDIE's cash position was down a good bit. Companies that grow rapidly have to keep an eye on the cash at all times. Perhaps one would happen to know if they have bank lines set up? The worst thing that could happen to HDIE is to run out of cash in the midst of a rapid growth spurt.



To: Greed Is Good who wrote (2484)8/6/1998 1:43:00 PM
From: Charliss  Respond to of 15094
 
Well, just as I have from time to time considered moving out of HDIE temporarily, in order to use the money in another stock that might be more currently productive, I have also considered selling others in favor of HDIE- and in fact, I have done so.

What's right for one may not be right for another. I would weigh what I consider to be the probabilities.

I entered HDIE in April with 5,000 shares. Since then, I have added from time to time several times that, funded by gains from day and short term trades elsewhere and by selling off a loser or two( my average HDIE share price is $3.84). Each time I added via profits, the decision was not unlike, really, what you are weighing in your own mind right now, which is entering via the proceeds from a loss.

Charliss