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Technology Stocks : Osicom(FIBR)

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To: craig crawford who wrote (1084)6/9/1997 10:18:00 AM
From: William T. Katz   of 10479
 
The previous message said:
"<< Stock price does not equal company performance. A bright man by the name of
William O'Neil said that. >>

You obviously don't follow that 'bright man' William O'Neil. I have read his
books/newspapers and seen him speak publicly. Nowhere does a stock like FIBR
fit his investing style. If you were to ask him today I can guarantee you he would not
recommend buying FIBR. Nice try."

You obviously don't read well. Did I say FIBR fit his investing style? No. I said that you cannot determine company performance purely from a snapshot of company stock price. One of the big reasons FIBR wouldn't fit his investment style is its past performance. Which brings up your 2nd comment:

"I never decried using past information. All I said was I didn't care about Osicom's
past performance, I only cared where it was going. (Post #989). Saying you don't
care about something and deciding not to use something are 2 different things."

Oh, I must have misinterpreted you then. I assumed you spoke English. Most people would interpret a statement like "I didn't care about Osicom's past performance" as a statement that you didn't employ this method. However, if you now would like to say that you gave feelings of affection for each and every inanimate method, and using and caring about methods are two different things ... well, that's your spin. Your analogy of "Plenty of guys use women for things but don't care about them" is as reasonable as your "stock price == company performance" metric. Oh sorry, that was the old criterion. I forgot you use historical stock pricing as well.
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