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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Jimbo Cobb who wrote (497)4/14/1999 11:55:00 PM
From: J.Maz  Read Replies (1) | Respond to of 12662
 
Jimbo,

Thanks for the reply and for the insights, I really do appreciate it a great deal. I will definitely take a look at both those stocks for the IRA account.

As for SFO, it's just a lucky guess on my part. I have some knowledge of the market area they serve, looked at a Clearstation chart, and decided to take the plunge. Unfortunately, I didn't get in at the price I really wanted to because the MM was playing an interesting game the day that I bought. Today's action looked like a classic manipulation, as the range from the high to the low of the day was quite wide indeed. There was a definite shake-out in the early PM, and then a slight comeback, then a drop-off at the end of the day. I will watch it closely tomorrow, because it seems to be a stock that will roll back down again a bit in short order, as it's definitely overbought at this time.

I'm not visiting the CPQ thread for a while, because I just can't handle it anymore. I really like the regulars there, but for now it's best that I distance myself from the worst investment I've made in the past few years. I feel like if I just don't pay attention to it for a while then maybe I'll be pleasantly surprised some day. Like most people, I regret not selling the whole position at 50 on 1/27. But, you really can't look back in this business, as you well know I'm sure.

Thanks again for your tips, and for the fun that you bring to SI. Not only have you helped me make money, but you've made investing more enjoyable for me as well.

Live long and prosper McCoy, I mean Jimbo.

Gratefully,

JMaz