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.
Technology Stocks : The Roaring Twenty 1998
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dale Baker who wrote (283)1/11/1999 9:02:00 PM
From: White Shoes  Read Replies (1) of 338
 
Based on the $53 increase in GNET today (up 82%), I respectfully withdraw it as one of my picks.

Do you ever get the feeling somebody is reading your posts? All I want is a small commission.

A brief chronology:

1. White Shoes introduces GNET to the Silicon Investor community. Stock's at $7.

2. GNET soars.

3. GNET buys Silicon Investor.

4. GNET goes up some more...stock bounces around $35, pulls back, goes back through $35.

5. GNET makes a bunch of other cool business decisions. Stock goes to $53, everyone likes company, thinking it is not as overvalued as other net stocks.

6. Securities analysts read Silicon Investor threads and recommend GNET, noting that it is profitable (wow!). GNET soars 82% in one day, closing at $120.

GNET is now valued at 150 times next year's earnings. A good company, a darn sight better than KTEL, but...?

It's all very well that the Dryers and a few traders are millionaires but I do believe that starting a thread entitles you to a percentage.
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