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Technology Stocks : Platinum Technology
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To: Magnifique who wrote (3393)2/23/1998 9:07:00 PM
From: david decamp  Read Replies (2) of 4148
 
Yep. Well said for an acknowledged 30 1/2 bailer...<VBG>

First off, evey acquistion now is fully strategic, and approved in
advance by the board. MASC and LBMS were both taken out
dirt cheap, and will be immediately accretive to earnings. Only
a cretin (or institutional investor/Mutual fund manager who's job
depends on quarter to quarter comparisons to the S&P 500) would
fail to recognize that. Apparently, they have failed to...

I hope you got back in at the bottom of the "exhaustion bottom
reversal" today. So that you can sell again the next time it fails
to breach the top at 31 and change! This could happen 5x for
all I care, in the space of a year. If PLAT hits 35, I've still done
150% in less than 2 years. I'll stick with Flip's salesmanship,
leadership, and absolutely astounding knowledge of technology
trends/directions and development/acquistion mandates necessary
to meet them.

Beating the S&P by quadruple, with 80% of my combined liquid and
illiquid portfolios is not bad at all. And I'm not saying short term
trading is bad either. I made approximately 20K trading PLAT
short term last year (net/net). It's just a matter of where you put
your play money vs. your serious money. My serious money is still
with PLAT.

Regards, Magnifique...
Dave
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