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Technology Stocks : Creative Computers(MALL) -- Ignore unavailable to you. Want to Upgrade?


To: Don Morris who wrote (1052)12/3/1998 5:57:00 PM
From: Doug Fowler  Read Replies (1) | Respond to of 1634
 
>>If we don't get a big boost in price tomorrow, I have traded this stock over the past
week and would have to go below 10 for me to lose anything!! But, I don't think I or
anyone has to worry about MALL not doing well tomorrow.<<

Don, it's great that you picked up MALL at $10 a share.

However, to take the point of view that you won't lose anything unless the stock falls below your buy price is a very odd way to look at it.

If you sold now, you'd have a profit of $24 a share. If you wait for it to go to $10, you will have lost $24 a share from today.

The value of your stocks is what they are worth today. It doesn't matter what you paid for them, or even what you (or I) think they are worth.