OBJECT DESIGN Inc.: Bargain of the year!! Message Board

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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!!

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To: ahhaha who wrote (1958)	5/24/1998 10:46:00 PM
From: hasbeen101	Read Replies (2) of 3194

If there are any venture capitalists still around, they wouldn't sell now unless the company is perceived to be headed for complete bust. In that case you'd want to sell. So if you're right, you should sell. To be a successful venture capitalist, you should never hold a position forever. You have to sell sometime. Maybe some of the early investors got their stock for 10 cents a share. If so, they might be happy to cash in their chips right now. The next quarterly announcement will clarify things. I think some people might be spooked because of Versant's terrible result last quarter. Actually you should never sell because you don't hold the shares for purposes of capital gains. I sure think I hold the stock for capital gains. But I am a long-term investor. I think this company will provide at least a ten-fold return, but I don't know how soon. If it takes 7 years I will still be pretty happy. Actually I think there is as much chance that the company will outperform this target as there is that it will underperform it. If I wanted to trade stocks, I would play with Amazon, AOL etc.

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