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 : Datastream Systems, Inc. (Nasdaq: DSTM)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Shane M who wrote (679)12/16/1999 11:32:00 PM
From: Wright Sullivan  Read Replies (1) of 721
 
Shane-

Good to hear from you, and I'm glad you were able to take advantage of the recent runup.

No, I did not take advantage of ITWO. I move very slowly and often miss some good ones. No regrets at this point, though. It's been a good year.

Buy very low & sell low: About a year ago I recommended Checkpoint Software Technologies (CHKP) on the value thread since it was selling at $27 with a P/E around 10. I was laughed off the stage at the time (PSR was close to 7). It dropped to the low teens but today is around $200. I sold at $45.

That's the way it goes. At least I made 50% in a few months.

I don't know what to make of DSTM. Buyout rumours abound on Yahoo. I have no opinion, except that I don't think Larry would sell out for under $25.

MRO market is huge, but I don't know if DSTM has the heft to play serious ball. If they sell the company, this will be why.

Not sure with DSTM if I should have a sell point or just hang on and hope for the best. I rode through the $27 top a couple years ago, so I'm a tad jaded (my current basis is $11). There is also a decent possiblity that DSTM could be a rocket over the next year. Just plain hard to tell if DSTM ecommerce is reality or pipe-dream.

Kind regards,
Wright

p.s. Merry Christmas to you and yours
(and all others out there in the land of S.I.)
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