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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: jennifer taggart who wrote (7667)	2/2/1999 9:41:00 AM
From: Jay Lyons	Read Replies (2) \| Respond to of 43080

In the spirit of promoting our longs... AMSC, which I've mentioned as a long term hold of mine, has been breaking out the last four days. If it takes out 14 today (and that's a big if), it may go much higher, as 14 was the price at which a huge secondary went out through Morgan Stanley last year, after which the stock tanked. Fourteen marks the point where everyone who was holding this as a loser have a chance to get out flat. I've bought this at every price known to man, with a cost at this point of 10 3/8. Jay