| Thanks. I should point out that I would sell INTA and buy another stock, if I thought that the other company had greater potential and prospects. I am looking at several, e.g, Flextronics, ELN, Tyco, but none have anything like the potential of INTA at this time. Any investment decision, buying or selling, all or a part, is always made under its unique circumstances. I did not believe, at first I did, that the "Mamma.com" rise, although it was supported by the chart [technical analysis], in INTA commencing in late December 1999 was the real deal. This does not mean that I don't believe that INTA will have a real breakout at some future time. If I didn't, I would go into FLEX. Last year, read my posts on that board, I was the one saying Qualcomm still had further to go -- this was after it had gone from 22 to 240. It topped out at 800 [pre-December 1999 4 for 1 split]. I got out at 628 [pre-split]. In at 18 average. Today 55 [post-split]; 220 [pre-split]. None of my friends had stayed in beyond 150 [pre-split], i.e., they missed out on most of the move. And did the same on Nokia, EMC, and CMGI. So, finding the stock, investing, having the market confirm, i.e., the price started to move up, and then getting out early and not getting back in is not the way to retire early. Yes, I could have taken advantage of INTA's advance from 7 to 14 in the first quarter while believing it would go back down. If I had done so, I would have made a nice profit. But, I never thought that INTA would ever drop below 4. Earlier this month, INTA dropped below 2. Would I have gotten back in? And, on the hand, if INTA had keep going up, would I have gotten back in at 20? Based on personal observation: NO! So, the future lies ahead. Lastly, I believe that INTA's true future worth will be in its losses. These have value as tax deductions to those many companies who made money. Their managements obviously don't really understand creation of shareholder value. If INTA keeps up the trend of quarterly losses for every quarter, the shares will be worth at least 40 dollars per share in no time at all. Either way, we can't lose. Bye for now. |
