To: WWS who wrote (242 ) 5/6/1999 10:41:00 AM From: Mike McFarland Respond to of 805
I suppose you're right about the psychological effect of having dropped below a buck. And I see from DAK's list that book value on this might be lower than the number 'quote.yahoo' gives (65 cents versus $1.37...I should probably spend a few minutes reconciling the difference.)Message 9086340 You probably wouldn't want to have all your money in this one...obviously. I can suffer another 30% down for the upside this one will provide if Astra pain trials have some measure of success. My guess is that resignations are coming because it's time to sell out, and naturally that makes folks grumpy. Plus some folks would be likely to be downsized anyway, better to go now on your own terms. Of course all pure speculation--I called investor relations yesterday, but unfortunately the woman I wanted to chat with was 'in a meeting'. I ordered up an investor's packet just to see if there's anything in there I don't already have, but I'll call again in a couple weeks and try to mine a few comments out of these people. Sounds like you're out alltogether, so I may be talking to myself on this thread from now on, hehheh--wouldn't be the first time I stayed in a stock that was destined for the OTC:BB, happened with cnsi, and I think ntii has been BB since I got in. I have a knack for slogging down in the real mud--but I'm just dorking around with my so called mad money right now. My main cash hoard is still waiting for the big correction that never seems to come. Good luck Bill, you probably made the wiser descision--of course, some of my best gains have come from nutty ideas...this isn't any worse that some of the things I was into last spring when I put my grubstake together.