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 : Silicon Graphics, Inc. (SGI)
SGI 91.23+2.5%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Don Green who wrote (14180)11/1/2005 9:26:33 PM
From: Sultan   of 14451
 
There have been tech companies that have stumbled and recovered.. Some never do and differentiating factor always seemed to be how clear headed and aggressive the management is with good operational control..

Another company I used to own AST Reserch.. They were around 32 during the spring of 1994.. and they fumbled their transition from x486 to pentium.. They were early pioneers in Chinese markets to what have you but that one mistake that was not recovered meant game over eventually.. This one too I owned and debated briefly to dump the shares and roll the funds into DELL that was trading around 12 bucks before a zillion splits since then.. here is the rub.. I figured out that if I had followed thru with my instinct, my stake if left untouched for 5 years would have been worth a cool 50 million dollars.. As it happened, I sold AST research in high teens in late 1994-1995 after their fumble..

Morale of the story is it is fine to get pizza money trading these things when they are on death throes but serious money you are not going to make.. But once they move to BB, it is not even worth trading since there are a lot of companies on Naz that will do as well..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext