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Technology Stocks : SIEB Siebert Financial Brokerage
SIEB 2.840+4.8%Nov 5 3:59 PM EST

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To: TWICK who wrote (190)3/31/1999 6:23:00 PM
From: Randy Elder  Read Replies (1) of 284
 
Twick:

I agree with Sun Tzu that fundamentals currently don't have much to do with SIEB's short term performance and I know that trying to play the short term movements in this stock (or any for that matter) is a zero (actually negative) sum game that I would likely end up on the losing end of.

The way I am playing it is to hold a small enough position that I can ride out any conceivable short squeeze and wait for fundamentals to matter, at which time SIEB would probably be generously valued at $5.

BTW, one piece of information that I found interesting in the 10-K was that it appears there are now more than 2 million shares not owned by Muriel Siebert.

Happy Trading and Good Luck
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