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Technology Stocks : PC Connection, Inc. (PCCC) -- Ignore unavailable to you. Want to Upgrade?

To: Smiley who wrote (62)	12/24/1998 12:58:00 PM
From: Fitz	Respond to of 180

Joe I know you will probally be hearing this a lot.......... NEVER NEVER place a market order at open....... Your giving the MM's a free pass to your funds........ Hey if you work really hard you can get it back in 99........ Good luck & Merry Christmas, Fitz

To: Smiley who wrote (62)	12/24/1998 1:14:00 PM
From: Kenneth M. Koff, CPCU	Read Replies (1) \| Respond to of 180

Joe, a lot of people probably got slammed on this one. With all due respect, you need to do some serious homework before you commit what is apparently a serious amount of money for you. You might begin by talking with a broker whom you trust to help educate you. For your current PCCC holding, it's not a real loss until you sell the stock. Check out some of the better Websites for investors and see what their research has to say. Such sites would be Morningstar, Microsoft Investor, and Quicken.com. Try to keep your wits about you. Good luck.

To: Smiley who wrote (62)	12/24/1998 1:22:00 PM
From: LLCoolG	Respond to of 180

JD, You will generally have three days before your purchase clears, so you do have a little time. You also never know what Monday will bring. I think it sees the 30's again within 2 weeks. Just try to hang on. It will also blow through 38 if they announce an agreement or acquisition in relation to placing a web-sales or auction site. Meanwhile, you have a stock trading at a reasonable PE, with $1B in sales. The only downside I would see is that Dell/Compaq and the like are trying to eliminate these middlemen, and sales may not be up to sniff this quarter. Perhaps dumping half if it gaps up on Monday will save you a margin call. Everyone else is right, too, in response to you. Deferring to Al Davis, just learn, baby. Regards, G

To: Smiley who wrote (62)	12/24/1998 2:10:00 PM
From: Chris Swain	Read Replies (1) \| Respond to of 180

Joe, You're not alone. I also (stupidly) placed a market order for 1000 shares of PCCC last night to be filled this AM. When I checked my stocks at lunch, I was excited to see PCCC up 7 1/2 pts to 21 1/2...my excitment was quickly replaced by disgust when I checked to find that my purchase price had been 38 1/2. I understand how you feel. I guess we both learned a valuable lesson about market orders. I'm sure we'll both be able to look back and laugh at this one day...I'm hoping that Monday returns your losses but don't either way don't let it ruin your holiday...You and I were just one day short of a good idea. Read "The Instant Millionaire" this weekend. It's a short book that will help inspire and motivate you to start fresh. Best Wishes and Merry Christmas!

To: Smiley who wrote (62)	12/25/1998 12:23:00 AM
From: Evan Stern	Read Replies (1) \| Respond to of 180

Joe, What happened is daytraders like myself bid this stock up preopen on instinet & Island. There was apparently alot of hype they would announce some internet auction site. I saw this thing 2 minutes before the opening bell bidding $39, it closed Wed at $14 or so. As soon as the market opened anyone with a position in this stock sold out as it was up so much, and all those sellers drove the stock down. I got a lucky short of 500 shares at $39 3/8 and made a very nice profit in about 3 minutes. I will repeat what others have said market orders at the open could mean death, especially with the way some stocks have been gapping up & down lately. Good luck ! Evan Stern