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Technology Stocks : Orckit (ORCT) -- Ignore unavailable to you. Want to Upgrade?


To: savolainen who wrote (1774)4/14/1999 1:51:00 AM
From: dogness  Respond to of 1998
 
(Savor your victory, Savolainen)

You deserve to celebrate my friend! With all your insightful posts and good reasoning, we on this thread owe you at least that acknowledgment.

You're probably wise to lighten your load at your magic number, but don't be too quick to take your profits. (I'm not telling you how to trade, just letting out my feeling that this stock could head much higher than even you or I think--just as it went lower than I imagined.)

Fwiw, and as far as I'm aware, CNBC has not even mentioned orctf as one of the ADSL stocks--and only AWRE has been referred to as a "pure adsl play".

My new fills were good at near todays lows at 28 1/4. (Wheww. lucky me.) It'll be interesting to see if the market can even slow down to fill/test the gap. Hope not, but it might be a healthy thing. Rather see the consolidation in the thirties though.

Where do I send the dinner check btw? ;-)

Thanks again Savolainen.

Dog



To: savolainen who wrote (1774)4/15/1999 1:30:00 PM
From: dogness  Read Replies (3) | Respond to of 1998
 
(Premature celebration?)

It appears you were right in taking off some of your stock at the 35 level. I had to dump more than 2/3 of my new positions on the open this morning. Yesterday's action in the majority of tech and internet stocks scared me out. Still think this move could be for real, but with the entire market pulling off (the dow will follow the rest of the techs soon, I believe), I doubt if we will have a sustained move in Orctf until things change.

How well Orctf responds to this sell-off will be a good clue to its strength, I'm thinking.

Oh well, I'm content to sit on what I have for a while. Orctf is in the right spot, it may just take longer than I expect to see the gains I believe will come eventually.

Dog