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To: scott who wrote (27877)11/23/1998 11:14:00 PM
From: HoyaBob  Respond to of 164684
 
Agree w. you for the most part. The secret is to allocate some of this for trading, and some for long-term investment. The most irritating thing is the gap phenomenon. When I don't do it, I get burned, like w. CIEN. I've had to average down and try other ways to repair the position. Still down about 20%, but it sure beats -75%. And all I wanted was a simple way to buy TLAB on the cheap!