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 : Rande Is . . . HOME

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rande Is who wrote (16580)12/11/1999 8:54:00 AM
From: Steve168  Read Replies (1) of 57584
 
Randy, congrats you for the great call selling CORL, I did the same thing, sold most of my CORL Thursday. My reason is LNUX IPO brought the Linux enthusiasm/Greed to the peak, that was the most exciting moment for a lot of people. I just use that moment to sell. I don't know how high it will be, but the most exciting moment should be the peak time of the stock price.

I still hold some CORL got at $8, I am making too much short term gains and any extra dollar I make I will have to pay 40% tax on it. If I sell CORL at 40, then it pull back to 8+(40-8)*60% = $27, I did not make money by selling it than just holding it. Also I do believe CORL is the best Linux play for the next 3 years, I think it will be much higher in 3 years. I am holding my $8 shares for long term capital gain. Hope I am right.

Look at all high-tech sectors, I found Disk Drive sector is probably the most beaten down one. I have accumulated substantial amount of KMAG and HMTT in the past three months. I sold only a little KMAG last week.

The thing I don't understand is why KMAG doubled on heavy volume 2 days and there is still no news. I was expecting news out of this. Maybe is just what Spirit heard that DD's shortage is coming next year.

I think semis are already up too much, it is out of my buy list now. DDs is the time to buy now. Like HMTT.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext