Zitel-ZITL What's Happening Message Board

STOCKTALK

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 : Zitel-ZITL What's Happening

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Warren Gates who wrote (985)	11/19/1996 7:55:00 PM
From: Adrian Cosoroaba	of 18263

Warren, there is no need to make fun of the long investors. Most of them are in it for a quick buck, and judging from past history on this stock, as long as they bought below 46, they are making $$$. Unfortunately, past history can not be used as predictor of the future performance. Is like roulette betting on red or black. You can bet and win several times in a row, but betting all your proceeds again could be a sure way to getting cleaned up. I know that is not the perfect comparison but the risk/reward ratio has gotten to that point. The upside potential gets limited when a stock moves up significantly and little hard data changes the bottom line of the company. Expectations can run a price up fuelled by various things: greed, small float, hype, etc. One example is NSCP and SPYG that ran up substantially last year prior to the stock split they both had. When things cooled off, 3-6 months later, they were not near where the top was. The y2000 issues seem to have entered the same pattern as the Internet did last year.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next