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 : GoTo.com, promising Internet search engine
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dalin who wrote (296)7/7/1999 12:14:00 PM
From: Mike Fredericks  Read Replies (1) of 977
 
I wrote:
If you're on the sidelines waiting to get in, be patient, you'll probably get a better price than the 58

Then you wrote:

Yeah, thats what I was thinking, but then if you think of the long term, say a year or two, 50 -60 is going to be insignificant.

I agree with you. But there's still no reason to at least try to get a better price. Look at it like so... if you have $10,000 to invest and you get the stock at 60, you only can buy 165 shares, but if you get it at 50 you can buy 200. I always think like that because I have so little money ($3k in my play account at the moment, but I'm a poor grad student) You can get 20% more shares if you buy at 50. The 10 points won't make a difference but the 20% more shares will. If you're going to buy 100 shares no matter what, then it's not as big a deal.

-Mike
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