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Technology Stocks : LEGATO SYSTEMS LGTO -- Ignore unavailable to you. Want to Upgrade?


To: Mark T. Heath who wrote (333)2/10/1999 3:02:00 PM
From: gmccon  Read Replies (1) | Respond to of 1138
 
If you're trading this one, set your limit order at 35 and forget about it. More Market chop is eminent, and this one swings wild. You might get lucky. Eventually, after SAN tech takes off, she'll 5-bag again. Easy money. Or, buy at 35 and just trade it next time it hits 50. That's what most people appear to be doing.

Do the same with COMS at 25.

Also, if you short Veritas the next time it pops 5 points, it should drop at least 10 points some time during the next month. Especially if anyone mentions the "I" word.

And EMC's having trouble staying north of 100 in this Market, too. I bet you can make 5 or 6 points if you short it at 101.

That'll be $100.00, please.

p.s. did you ever short WDC or any of the DD makers?