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 Technology Stocks : Microvision (MVIS)

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To: David Rodella who wrote (180)3/18/1997 10:50:00 AM
From: kili of 7340
 
Dear David,
Livermore had a point. It's exactly my experience with MVIS. Fresh to the stock, I had a very lucky strike with my first purchase: In on 4,25 -out on 5 1/8 in just two days. Tremendous, but it gave me the need for more. So I went long again, just to find myself with a new starting point of 5,50 or thereabouts. Had I been capable of 100% good timing on the trading, I might well have done better, but you can't win them all. The result being that I "lost" more than half a $ on being impatient.

Then again: It's never too late to take a profit. I must add that I'm slightly handicapped trading from Norway: I have to pay two brokerage fees (US & local), which makes margin-trading unattractive.

Kim
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