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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (7626)	8/11/1998 11:32:00 PM
From: Amigo Mike	Respond to of 29382

Si Amigo, As I scan the newspaper in the morning real quick these days ..... I see MANY stocks that we have discussed and/or invested in coming back to rediculously low levels. As you are aware ..... I said it was time to be cautious about a month ago ..... hit and run trading to survive. I am still in that mode .. with one or two exceptions. I have started to accumulate some of our fundamentally sound companies. I can't pass on these prices. I may not get a fast buck out of these .... but that is fine. I'm more than happy to sit back and watch ....... while scooping shares cheaply. I am real disappointed I missed APCO this AM in the 7.50 range. Too busy at work to stay on it. But I am buying the Jan 7.5 calls on APCO to leverage it to the maxxxx. I'm even throwing a few bucks at ATPX to average that one. Not a great beginning on the Nasdaq today .... better things to come though. I'm accumulating EGNS ..... I see good things with this one. Many advantages for this company that will start to become evident at the end of this week ..... plus the 2nd half of the year will really tell the tale. I am still cautious .... but starting to nibble at our unknowns !!! Amigo Mike