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.
Technology Stocks : Information Architects (IARC): E-Commerce & EIP
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: My Father's Son who wrote (422)6/24/1997 12:46:00 AM
From: Dwight E. Karlsen   of 10786
 
So cynical, Dennis. No, I don't think it's the greater fool theory that explains today's volume. Rather it is the oldest incentive to invest: The expectation of future earnings. ALYD is a very young company (not even on Nasdaq yet). ALYD is stacking up contract after contract, and is even now working with a myriad of companies in different sectors. It's summarized at the ALYD web-site.

The pilot test contract with MacDonnell Douglas is not small potatoes. Neither is the contract with the Irish airline, which was granted after the successful completion of pilot code tests. Alydaar is also working with Dupont. Preliminary pilot tests have been positive. Finally, 73,000,000 lines of code processed to date is not small potatoes either.

The fact is, there are probably very few people who truly invest like Peter Lynch does. Peter said in an interview in "Money Magazine" this Spring that he has invested and patiently waited for as long as 10 years for a stock to perform to his expectations. How many people can say that?

Another thing to keep in mind: There are few stock analysts at the major brokerage houses who can stick with a buy recommendation for a whole year. Read last Friday's WSJ Analyst Review special section, and listen to the lamentations of the analysts who last fall changed their recommendation on Dell Computer from "Buy" to something less, presumably "Hold".

The point I'm getting at is that "long term" means different things to different people. The object is to buy low and sell high. If you can accomplish that consistently, then you're beating most people.

Sincerely,

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News