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To: philipah who wrote (72997)2/5/1999 12:58:00 PM
From: limtex  Read Replies (3) | Respond to of 186894
 
phil -

Well sadly now at over $5 down and $16 down from the peak only a few short happy days ago.

The average investor doesn't sell and so it has to be the funds and institutions that are selling. Clealry there will be no buying as long as this mini crash continues and so if there is no buying then there is no bottom. Its as simple as that.

$5 down per day from here on in. Next Q's earnings announcements will of course change things but one lesson is now clear and that is if you want to sleep well then wait for the quarterly run up to earnings and sell within + or - a day or so of the annoucement and be 100% cash the rest of the time. Mr Kulack has had the effect of making the market a really unpleasant place for their retirement savings on a medium term basis. One wakes up in the morning and wonders what he'll say next that affects stock prices. Well done and I hope not hear from him again this year!!

regards,

L



To: philipah who wrote (72997)2/5/1999 1:01:00 PM
From: limtex  Read Replies (1) | Respond to of 186894
 
phil -

well now down over $6. think it'll close over $120 tonight?

regards,

l



To: philipah who wrote (72997)2/5/1999 1:17:00 PM
From: limtex  Respond to of 186894
 
philipah -

Would you credit it:-

Only DAYS after:-

* a great annoucnement
* trouble for the main competition
* a stock split
* great ewns about the future for the year in markets all over the world
* anouncement of great new products for the US market
* news that the European market is the biggest for PCs ( the US market is pretty big by itself!!!)

Now comes the party pooper of all time and the stock of this grear company is down over $7 at one point today!!!!!

Sick.......

Regards,

L



To: philipah who wrote (72997)2/5/1999 1:32:00 PM
From: limtex  Respond to of 186894
 
philipah - -

Further to my other posts:-

And all tis on a week when no mention of B----l or R----a or J---n,

or any other turkeys!!!! Thank goodness for that I suppose!!!!

Regards,

L