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To: microvestor who wrote (799)12/9/1998 8:00:00 PM
From: XOsDaWAY2GO  Respond to of 1080
 
Got this on the AOL Board, "The Trading Bar and Pool Hall"

>>>Subject: NM
Date: 12/9/98 2:52 PM Pacific Standard Time
From: CeCeTrades
Message-id: <19981209175232.07084.00002480@ng-ft1.aol.com>

December 9, 1998

Shares of National Media Corp. soared in heavy trade amid excitement that the company could soon sell its Internet unit to the public.

Shares of the Everything For Less Catalog Website rose in speculation that a spin off could soon be announced.

Traders may have speculated that the company might file terms with the SEC for the offering.

''What's happening to the Internet is that anyone who has an Internet business has a fiduciary duty to spin it off to a general public,'' said one over-the-counter trader. ''

National Media is one of those wild stocks that could get caught up in the frenzy.



To: microvestor who wrote (799)12/9/1998 11:48:00 PM
From: Von  Respond to of 1080
 
I agree with you that odd decimals may slightly have some protection in setting stop losses. But I agree with Trader that mental stops are safer. As far as "stops" are concerned, who knows more about an individual stock than the "speacalist" for that stock...No one! He knows where the "stops" are placed. If he did not he would not be a "Speacalist". When you place your "stops" he know's where the treasure is buried... As for becoming a "speacalist"...... you would have an easier time becoming a member of the royal family.