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Technology Stocks : Trimble Navigation
TRMB 71.19-0.4%Jan 23 9:30 AM EST
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To: Rubble who wrote (2279)3/6/1998 2:55:00 PM
From: Yin Shih  Read Replies (1) of 3506
 
Angelo's hyperactive tone can be a bit weary-making, but that isn't what bothers me. I've tried going over some of his postings and I'm not sure what is credible and what isn't. I also noticed his statement of great success with ORBI and was puzzled, but decided at first to attribute it to intense trading or option activity. Then I noticed:

1) His ORBI article referenced recently talks about a $4.3B backlog for ORBI, but elsewhere in the ORBI thread I've seen $2.7B. (Regardless of which is accurate, it is also important to consider the delivery times for a company like ORBI with long-lead products. Steady $150M backlogs distributed over every 90 days is not much different than a $2B backlog distributed over 3 years.)

2) He updated his bio recently while admitting that his previous bio had been some "dreams". For example, his current bio says "retired (almost)", where last week he claimed "retired". (The fact he is trying to come back to earth is good though.).

3) In a recent post to the ORBI post he claimed he had 2000 Intel Warrants at 8 which went to 8000 Intel Warrants at 100 (post split). An examination of the Intel Warrant chart, from the beginning of its life to now, shows an absolute bottom of 10 and an absolute peak of 82, while a Soros-grade market timer would have been proud to boast a buy at 15 and a sell at 55.

I'd be happy to give his statements due weight if I could separate the facts from his "dreams".

Yin Shih
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