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Technology Stocks : Tut Systems, Inc. (TUTS)

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To: praguepivo who wrote (82)2/3/1999 9:11:00 PM
From: Don Wellington Jr.  Read Replies (1) of 293
 
This industry? An internet related stock drops 11 pts, and everyone goes nuts! GeoCities went up another 10 today, is everyone selling-buying?? The bottom-line is what all of us individuals think of a stock, and our personal trading and/or investment philosophy.
I buy for longterm. I sell for capital to re-invest in more long-term diversification, only from profits gained in previous buys.I never sell at a loss. I keep it until it's not listed and then I continue to keep it. Atari, Marvel, Happiness,World Airways are just a few of my continuing "lost" keepers. All are worth about $100 total.
I buy based on personal knowledge of a company, either through friends that are employees, or my own business dealings with a company.
Do I think TUTS will go up. Absolutely. When, who knows. What level?
I think it will break 100 before end of March. I also think someone will buy this company, now that the exposure is greater in the investment community.
What does that mean? I don't know. I still own 500 shares of Syquest at $4.00 a share.
I do business with TUT licensees. My daughter's boyfriend is a long time Tut employee. The company culture is similar to Yahoo. A high school friend of my daughter's is head of the Home Run development project. I've been privy to it for several years now.I have had consulting clients with competing attempts at technology.
Microsoft seems to agree, they own 13% or so of Tut.
I think the company has a great name, proprietary technology, and cool people. What more does an investor want today?
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