SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James R. Barrett who wrote ()8/1/1996 3:36:00 PM
From: James H Ramsay   of 132070
 
Mike,

As a value investor with a tilt to the conservative side, I have seldom encountered your minimal target - ie to double the position. Either my picks don't tend to take such leaps as that, or on a couple of occasions I would have gotten nervous at such heights and jumped out before some guru warned eveerybody how over valued it had gotten.

But I decided to try your system today with Lam Research. I just couldn't sit there any more and do nothing about a company like that with a PE of 4. Now, do you think it is going to take a couple of years to prove that I jumped at the wrong one at the wrong time?

Jim Ramsay
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext