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 : Globalstar Memorial Day Massacre

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote ()5/8/2000 2:24:00 AM
From: Maurice Winn   of 543
 
Why the shorts are in trouble: [Jon pointed it out again]

From: rf_hombre Saturday, May 6, 2000 2:19 PM ET
Reply # of 12400

Golden Parachute
This is what is called a defining moment. I have been thru this once before, staring down the abyss a few moments before jumping out of a perfectly stable flying object...

Very few people make millions in the market because the vast majority canït stomach a total loss. To me, I can think of worse things that can happen. If we get served a "BK Broiler", no problemo: the sun will in all likelihood rise the following day and the waves will still break at my favorite spot...On the other hand, if we get past this temporary noise....as Maurice says we could be looking at $ 1000/share!

Those are my deep thoughts for the day!

PS: It will be left as an exercise to the reader to verify that the author is *not* in fact suicidal and that the following necessary and sufficient conditions for G* success are true.

G* successfully applies the concepts of Diversity and No Single Point of failure to:
1. Signals
2. Financial Backing
3. GLP Partnership
4. Handset Manufacturers
5. Geographic Distribution and potential success of SPïs
6. Potential SUBS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext