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.
Microcap & Penny Stocks : DCTC - DCI Telecommunications

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: steve phil who wrote (4331)2/5/1998 2:27:00 PM
From: Parker Benchley  Read Replies (3) of 4489
 
Steve,

That quite a bit of sunshine, but I guess it's possible. $2.40 ask to $2.00 is a 17% drop. Rather a heady dip, especially in the light of all the good news. DAMIEN loves this stuff. With all lack of respect for the obnoxious gnome, screw him. DCTC can go the other way just as easily.

FWIW, I was taught a very valuable lesson last year with a local company I thought I knew well called Best Buy. I had faith it was going to come back strong when I bought in at $8 a share. I was happy when I sold at $21 7/8 six months later. I'm still happy with the profit, but if I had kept the faith in my long term perspective I would have been ecstatic right now. Sometimes you just have to do your own DD, close your eyes, believe and hold on. I try to remember the market is a vacillating ride, not a fixed rate annuity. Too bad...:-{

In the late 30's (before I came into being, thank you) my dad had just started working at West Publishing company in St. Paul. There was a small working man's bar up the street owned by a friend of my dads' that many of the locals would frequent before, during and after work. There were quite a few guys from a company called Minnesota Mining who were disgruntled with the progress of the company that used to trade their employee stock to the bar owner for beers. After all, how far could some small company go just making sandpaper? The last report my dad got from his friend his 3M stock was worth over 33 million dollars. True story.

I've told this story before as it shows what a little patience and vision can do. I wish us all the same proportional degree of success with DCTC.

Onward,

George
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext