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.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (6722)4/14/1999 3:20:00 AM
From: Don Earl  Read Replies (1) of 78645
 
Hi Paul,

I finally gave up on SIII with a tiny profit after almost a year. Rode it all the way down and back up again when the Intel news came out. If they get the new chip right and USC goes public later this year, it might still be a winner. The way they've been eating up book value and issuing shares decided me against waiting another 6 months though. After it hit a buck and a half last October I started looking more closely at stocks trading below $5 which is something I'd pretty much avoided up until that time. I've been using a software program to screen for value plays and although there are a lot of dogs way down there, there are some real treasures also. I think a lot of folks try to average down on margin and end up creating more downward momentum once they start getting hit with margin calls.

Do you follow any VARs? I like the looks of MICA but I think there may still be some downside left in the sector. The ANALyst party line seems to be, "The channel is dead. Long live the internet.", but I sort of think they may just be looking to snag some cheep stock. A lot of the value added resellers are trading at a huge discount to book right now. The market doesn't seem to care much about assets these days but I still like to see something in the way of book value to justify the price. For that matter, put options on the Dow index are starting to look like a value play. Over value play?

Regards,

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News