Acme Packet (APKT)

[Not_Bill_Oneil]

Hey Fish...

sorry to hear about NMX. Unfortunately a lot of people right now are left in a position similar to what you described, even though it is still the best IPO performer from it's price range for 2006 - probably because of it and all the hype it got.

Heelys did well last week too, but only 7th best opening performer for the year. APKT is still number three.

IPO's do require some extra attention to trade, and I often wait awhile, but, have been in APKT, DIVX, and a couple of others this year.

If you are kinda bitter about NMX, and I'm not sure what percentage loss you are talking, I'd highly recommend John Carter's book, Mastering the Trade (if you haven't read it yet). He talks about trading rules, business plans, and specifically drawdown (and profit) rules every serious trader should have outlined.

I've found his book to be tremendously helpful to my trading and investing.

Separately, Bill O'Neil's advice on IPO's hasn't changed much over the years from his different editions of "How To Make Money in Stocks".

GL & GT.