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.
Strategies & Market Trends : Roger's 1998 Short Picks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: put2rich who wrote (10937)7/5/1998 9:18:00 PM
From: taxikid  Read Replies (1) of 18691
 
thanh. hello, and good evening.
I was short the high fliers. I was a techno-phobe. I am not an engineer, and in fact may not even be that bright.
I have taken all of the money i have in this world, and have invested it in myself. I shorted companies that were dawgs and made money. I went long value companies and made money. i do not believe that the stock market is correctly priced, i think that asian problems are way way suppressed, similarly to the way that the S+L's problems were pushed to the back of the oven.
I DO believe in the p[ower of the internet, i DO NOT believe in the values the market has put on the stocks. One cannot post to a message board or send an email and not believe that the internet and commerce is not gonna fly. Especially when one is PAYING 10% of what he used to pay in commissions to trade. It has created many millionaires. The feeding frenzy we are seeing is quite similar to the loan and speculation frenzy we saw in S+L's. The cash for trash, bust-outs and other games played under the guise of bringin maximum shareholder value to the investors in the S+Ls bursted and hung quite a few small time investors. But it was the key to the big 80's.
On another side, the "big" salaries some of my friends are getting for brining It to companies are both justified and shall continue even during a crash, as the IT is a must for future business success.
i will broach the subject again, at your request.
taxi
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