Greg,
I don't mind your preaching. All of my "Linux" investments total are less than 5% of my portfolio. Although I'm under water on APLX, I'm up 35% on RHAT and CORL. I'm up 12 times my pre-retirement salary so far this year and am therefore heavily protected by stops.
I often take a position in a stock based on intuition and then add or bail as I learn more. My 2nd largest holding is MRVC which recently released the only Linux based router currently on the market. The techies on that thread are very excited about the Linux relationship. I keep hearing that Linux, unlike Windows, virtually never crashes which apparently is extremely important in networking and telecommunications. It seems like every week I'm hearing about another big company that is adding a Linux version of their product. I sense a real groundswell from the silent, invisible techies who hate MSFT, to adopt Linux. I think Red Hat will ride this groundswell and all the publicity regardless of whether their business model works. One of the mechanical strategies I use kept me in AOL through the last year and a half (at least) of their rise and got me out before the big fall. I hate AOL and have it only as a back up for when my local ISP has problems. I always believed they were greatly overvalued. But I made lots of money in the stock. I don't think AMZN will ever make money and thought the Motley Fools were (small f) fools when they added it to their portfolio but later wished I had been along for the ride. Therefore, for now, it doesn't matter to me if I understand RHAT's business model because it is riding a wave of enthusiasm for the concept even though it may ultimately not be the winner in the Linux space, if indeed, anyone wins.
Having said that, would you please flesh out your previous comments about extra microseconds, large chunk of hard disk, etc. in language that a non-techie can understand? Some of your insider short hand left me confused. If Applix has flaws in their product(s) I'd like to know what they are.
Best regards,
Bob |
