SBS Technologies (SBSE) - Undiscovered gem Message Board

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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

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To: Christopher Brainard who wrote (695)	12/17/1998 3:09:00 PM
From: Clay Takaya	Read Replies (2) of 1540

Chris, I probably know less than you about TA. When I sold some at $18, I did it because I had too much of my portfolio in this one stock and also because I didn't see the insiders making any bold moves. It still pisses me off that these guys announced a grandiose buyback by the insiders and we haven't seen anything at all. My position at this point is that I'll buy some more when they do. I think a long-term perspective here makes sense and that is what I'm trying to focus on. I hate these TA idiots that keep talking about these great trades they made ("I shorted at 21 and covered at 17 for a $20,000 gain!!!") always announcing after the stock moves. You never hear about the bad trades. I try to ignore these guys and focus on what is important: the business. With regard to the business, I think SBSE will do well over the next 2 years and so I'm still here. Have a great Christmas and congratulations for making a good trade at $20. Let's hope we have a few breaks with SBSE in 1999. I'm counting on it! Clay

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