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Technology Stocks : Pacific Internet Next HOT IPO? -- Ignore unavailable to you. Want to Upgrade?


To: Jon Ditter who wrote (480)4/10/1999 11:43:00 AM
From: Herc  Respond to of 912
 
Luck, following it minute by minute on IQ charts, and waiting to the last two hours of trading to see where the previous high was. Of course if it gaps up on Monday and then takes off, I'm screwed! But thanks to short term traders and human nature, odds are overwhelming there will be some profit taking.
It actually rallied to about 75 1/2 then pulled back to 70 1/2. So I put in a limit order at 70 1/2. But it never quite got there.
Of course if CPQ drags down the tech market then I might get in again a little cheaper. I MOST CERTAINLY NEVER TRY TO GET IN AT THE LOW OF THE DAY because I think PCNTF is a long term keeper. One should never try to be too cute!



To: Jon Ditter who wrote (480)4/11/1999 3:51:00 AM
From: BomboochaBoy  Read Replies (1) | Respond to of 912
 
I got in PacNet at 44 7/8 ... saw it dip to 39 ... and since then, it has ramped and dipped in ranges of 6 to 10 points.

Consistently, too.

IQ Charts is a great way to watch Pac ... but in this case, I would've been better off forgetting I owned it. Should've locked up the shares and ignored them until 2001 or so.

The float is so small (2.5 million) that it can't help its volatility. Next chance I get, I'm walking in and not leaving the joint.