Teflon, I want to make clear that I am not implying that ICOM has nothing of value - simply that the people I ordinarily turn to for assesment of technology and possible scuttlebut on tech companies, had a certain view of ICOM. Which is that the product is solid, but at least one of them was concerned about the financial situation. This does not mean that ICOM cannot be a good investment. Unless everything aligns for me 100%, I tend to only trade - I am paraniod about investing, and do it only when I am extremely confident. And I spook easily - often to my everlasting regret - I have literally dozens of stocks that I traded, and that I should have held - things like PUMA which I bought at under $3, and sold for $19 (today $172), CIEN got into it Oct 98 for under $9, sold for $24 (today $169), PROX got in at $17 sold for $28 (today $170). The list goes on and on. I get in very low, I sell when I double or triple, and it seems to me I was very "smart". Only looking at it longer-term, it was utterly idiotic - penny-wise and pound foolish. The same old refrain "if only I'd held". And I seem to never learn. I'm afraid it is simply my temperament. I am so paranoid about avoiding losses, that I cut my gains short. True, I rarely have a big loss (I am ruthless about cutting losers), but I also miss great opportunities. Yes, there are some stocks I hold long term (MSFT from 1992<ggg>), but there are so many more I miss. So, bottom line - please pay no attention to my trading/investing - I'm liable to be a contrary indicator as far as long term investing is concerned, LOL! I just conveyed the research I did, that's all. For all I know, ICOM may rocket to $20 and beyond, while I do a few trades and end up with a fraction of what I could if I held.
Morgan |
