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 : Dupont Photomasks (DPMI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jeffbas who wrote (121)2/15/1998 8:12:00 AM
From: John Bloxom  Read Replies (1) of 955
 
<<What am I missing?>

Perhaps you're not missing anything. Your analysis attempts to ferret out "fair" value. My analysis proceeds on the theory that the market will value (that is, assign a range) the issue this year in substantially the same fashion that it valued the issue in prior years. You are seeking, in effect, the mean or average, price. I am seeking the 52 week high for 1998: that moment at which the market is so exuberant that somebody out there will offer to pay me the high price of the year. I will sell to that somebody and thereafter buy back for much, much less. We merely have a difference in style.

Regards,

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News