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To: Yiqun Xie who wrote (16001)12/15/1998 12:33:00 PM
From: Andrew Vance  Respond to of 17305
 
*AV*--WHOA- the only attention I brought to ATIS was NEGATIVE and not a recommendation to buy. IF anyone has that impression, please refrain from acting on it.

ATIS was a boiler room hype that HAD TO BE BOUGHT in the 11-13 range only to see it collapse from there. These guys must have has an o verwhelming desire to dumpo stock for clients or to get enough shares together under their roof to short the stock. Hmm!!! new theory on why Bouiler Rooom stocks always seem to cave in after the hype and heavy sell tactics. They have a competitor, ORG, that just got listed on one of the Indexes.

ATIS and PLSIA, both hot stuff in the double digit but pre teen prices have done nothing but disappoint BIG time for those unfortunate enough to follow the hype. spam, and other unproductive and irrelevant indicements to invest. Each is down over 75%, to my best recollection, from when they were openly touted as moonshots.

This is not to say that soem of the stocks disucssed here on the positive side haven't done the same. WFR got as low as $3 and was down close to 90% from levels we had seen. However, at $3 it was easy to make up for some of the losses caused by earlier exits. This amount to a run of $3 to $12 followed by a few ~8-11 cycles. At least these types of mistakes are rectifying themselves.

BTW-on the subject of mistakes, we have been discussing some of the huge IPO mistakes of the past few weeks in RadarView. very interesting observations were discussed. However, we are finding ways to make money even with the recent mayhem in the market. Most of the stocks in severe retreat had lower limit triggers tripping to cause exits. In certain cases some of these stocks are now prime for re-entry at 10-20% below their exit prices.

BTW-Anyone care to delete a few messages to give me 16000.<GGG>

Andrew