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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (8591)	2/10/1999 10:15:00 PM
From: Tony B	Respond to of 56535

TJ - ASCT - Excellent post. Thanks for sharing your thoughts. I was thinking along similar lines, although probably would not sell my current shares. I seem to be good at picking the daily highs and lows of this stock, just at the wrong point in time (buying the high, selling the low). I'll try to take what the market gives me, though. Good luck. llater, Tony B

To: Trader J who wrote (8591)	2/10/1999 10:28:00 PM
From: zora	Read Replies (1) \| Respond to of 56535

Trader J, ASCT I can't help but feel that expectations for this stock have changed dramatically. I was under the impression that an announcement was due Thursday AM after a company meeting this PM. I am holding shares @ 5 3/8 and am disappointed to see so much selling. No complaint here about anyone taking a profit or covering their behinds, but just a little surprised that the news is finally here and people are getting out. Maybe a slow market has some of you worried. zora

To: Trader J who wrote (8591)	2/10/1999 11:04:00 PM
From: Lawrence Burg	Read Replies (1) \| Respond to of 56535

Kudos from me too :o) Excellent perspective. Thanks. As a late comer to the party I have to laud those that found this little nugget. The digging I've done just recently shows ASCT to be a pretty decent little company. Easier to say of course since I'm ahead a few 8ths. For the ACST group here, this was filed yesterday...don't know if anyone's familiar w/Burr, Egan & Deleage...they're holding %9.7%... edgar-online.com Also, as far as TMex goes, I recall his first mention a few weeks ago. From experience, when the rumor fails repeatedly, it becomes harder to stimulate interest. The price action since Thanksgiving does not show a lack of interest. So what the heck am I saying...not sure...oh yeah...I think whatever action is out there due to the rumor is more widespread than TMex. I'll place some stop losses before the open. I'm leaning towards minimizing a loss vice protecting a profit however, as this will give me more room to the downside to suck up the volatility tomorrow. Good luck. LB