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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?

To: russell who wrote (1213)	2/22/1999 2:36:00 PM
From: Smacs	Read Replies (2) \| Respond to of 9115

Depends...what stock? What did you buy at? What's your risk tolerance? How much can you "afford" to lose?

To: russell who wrote (1213)	2/22/1999 2:49:00 PM
From: RADAR )))	Read Replies (1) \| Respond to of 9115

russell: This is a hard question to answer. If you did your own DD about the company, you have to evaluate whether you think th price will rebound in the near future. Dan states that news is forthcoming, are you willing to wait and see if the price goes up above your entry price. If you did not do any DD and bought strictly on Dan's pick, then you need to understand that the price may, (probably will) drop even more than the 1.70 bid to 1.80 ask price it is at now. The price is still substantially above its opening price of this morning. I don't see any news on the wire, other than Dan's pick this morning, that moved the price. I would think it will fall back more as other disenchanted investors begin to take their losses and sell out. The lesson you learned is not to chase the stock price on a pick. Wait for the price to relax from the pump price before buying if you like the stock. Always do your own research before buying a stock. Know what is driving the price before you buy it. Hope this helps. RADAR RADAR