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Technology Stocks : Avtel Communication (AVCO) -- Ignore unavailable to you. Want to Upgrade?

To: Wowzer who wrote (84)	11/12/1998 9:04:00 PM
From: Craig A	Respond to of 461

Now,Now... Short story. Saw this stock mentioned on the YAHOO thread. Took a peak at...was at $9. Being the prudent investor, I spent a few minutes investigating. 50 Times faster..goodenuf for me. Just for chuckles, put a buy at 71/2. Checked back in at 31. Then the 'whatifs' hit. Should I be sad or glad that I missed the entry by 2? I praise those who don't have another day job and took this for a ride! But..boo-boo tummy for those who couldn't get out by 4:00.Or does this thing make sense? Then the 'whatifs".

To: Wowzer who wrote (84)	11/12/1998 9:18:00 PM
From: Dennis G.	Respond to of 461

Thanks rory (and Christian too) for your polite responses. I too am not generally in favor of regulation. I just kind of feel that in this case, the SEC should have acted a little sooner since there was an obvious lack of information. But my main point was that I don't think it's fair to paint the whole "market" badly, just because of these singularities. I don't believe in a "stock market" anyway. I believe in a market of stocks. But you are right, people should know what they are doing and take responsibility for that. I myself saw this in the morning when it was 4 bucks, did some quick check on the company and didn't like what I saw. So I promptly forgot about it. I never in my wildest imagination thought it would go to 10, let alone 30! Dennis