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Technology Stocks : AboveNet Communications, Inc. (ABOV) -- Ignore unavailable to you. Want to Upgrade?


To: jason who wrote (308)4/3/1999 4:43:00 PM
From: Tom Hua  Respond to of 835
 
I sold all my position wednesday,
and hope to get back in at 70-80.


Jason, congrats, you're a wise man. I have little doubt you'll get 50% more shares with your proceeds Wednesday.

Regards,

Tom



To: jason who wrote (308)4/3/1999 7:33:00 PM
From: flish  Read Replies (1) | Respond to of 835
 
Jason:

<OT>

Read and replied to your post #107 to me and then read posts 108 to 308. Thanks to all for you opinions. It's wonderful to be able to go away for 2 weeks and sort of catch up so quickly.

FWIW (which is what you're paying for it), my position from the beginning is this is an amazing company and will be a major player. This stock has plenty more upside -- the question is what is your time frame, what's your objective? There's money to be made going long and short -- JUST MAKE SURE TO HOLD YOUR STOPS!!

My bias: I took a long position in December, took profits on half the position in mid March (BEFORE THE RUN TO 125 BUT I'M NOT COMPLAINING) and I will take profits on another half on Monday. I will hold a quarter of my original position and watch closely. It has nothing to do with my thoughts about the company in the long run and everything to do with not leaving too many points on the table in an uncertain world.

Best of luck to all.