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Gold/Mining/Energy : Infowave Wireless Messaging IW:TSE

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To: Threshold who wrote (1465)3/23/2000 2:57:00 AM
From: axial  Read Replies (2) of 1690
 
Hi,ajonesy -

"Sometimes reality as you see it is best kept private." True, if you think that expression of that reality will adversely affect events, or people.

"If it approaches $8, sure I may panic, however, if it gets near that number, we're probably at the beginning of nuclear war and that is a personal dilemma." The implication being, I suppose, that I'm near panic.

"I'm in since $8 and the fundamentals have continued to improve." I'm in since $1.20.

The reason that I didn't sell some off at $64 was the stated aim of management to list on NASDAQ "in the first half" of 2000. Having said that, IW is a stock that I am completely comfortable holding for the long term.

You're mixing apples and oranges. The preservation of capital in a bad market is absolutely no reflection on IW's fundamentals - it has nothing to do with IW at all.

You imply that someone who wishes to preserve some capital short-term, to increase long-term gain, is in a state of "panic". Wrong. It's simply a question of minimizing loss and maximizing profit - and your outlook on the subject would provoke laughter on the part of most traders.
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