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Technology Stocks : AEIS: Opinions? -- Ignore unavailable to you. Want to Upgrade?


To: TwoBear who wrote (91)11/26/1998 5:00:00 AM
From: Simon Withers  Read Replies (1) | Respond to of 115
 
Well I sold up yesterday at $18 - the intraday low as it happened. The stock had almost tripled in the five weeks or so I'd owned it, which just seemed too good to be true, and the whole state of the market makes me nervous at the moment. I don't really want to be involved with stocks with PE over 100 next time the market takes a dive - I'd prefer to be short YHOO and suchlike!

Interestingly though, adjusting for the buyout, the stock is worth less today than when I first owned RFP in August at 7.625. Fortunately I've been in and out quite a few times since, and overall the stock has been good to me. No doubt I'll be back...

Good luck all.
Simon