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.
Pastimes : Ask Mohan about the Market

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bearded One who wrote (7060)11/5/1997 10:33:00 AM
From: Joan Osland Graffius  Read Replies (2) of 18056
 
Hi Bearded One, >>How much would you pay for Microsoft if you could only sell the shares back to Microsoft, and that for whatever price they determined?

I would never buy any financial asset from anyone with a contract that I had to sell it back to the person(s) that I bought it from at their price. If one believes the comapny and not the market sets the price of their stock price it would be dumb to buy the stock.

What I was trying to say was if one has a vision of the future you can buy the players in the industry and your winners will overtake your loosers by a large margin. In fact one can even make a profit on the loosers if you stay tuned to the dynamics of the businesses.

Iomega and Syquest is a perfect example of a play that fits this game. I purchased both companies and when it became clear Iomega had won the battle, I took a double on my Syquest stock.

Enough, Joan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext