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Technology Stocks : Xylan -- Ignore unavailable to you. Want to Upgrade?


To: Steve Hursey who wrote (4082)3/3/1999 10:01:00 AM
From: gbh  Respond to of 4135
 
I agree. Picked up 1000 more today at 7/8.



To: Steve Hursey who wrote (4082)3/3/1999 10:20:00 AM
From: jas cooper  Read Replies (2) | Respond to of 4135
 
Seems like a no brainer to me.

It might seem that way, but it ain't. What you are making a few percent on is the risk that all will not go as expected, however small.

Then don't forget that you have to pay margin interest, and your money could be making more elsewhere (hopefully). Remember, your typical XYLN shareholder is someone looking for substantial gains, not a guaranteed income from a collection of CDs.

If everything was assured, the stock would have opened (and closed) at $37, and wouldn't need to trade for the next month.

TLAB/CIEN and BT/MCIC (before WCOM saved them) weren't that long ago.

jas.