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Technology Stocks : ASDV- Aspect Development-THE NEXT MSFT!

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To: timroy who wrote (268)4/13/1999 8:02:00 PM
From: Golfinginthesun  Read Replies (3) of 414
 
You are actively investing in stocks and you don't know that all stocks can go to zero?

Just kidding. The theoretical situational limit would be net realizable value of the assets of the company. A couple of bucks a share. If it goes much lower than this, I'm gonna organize a group of investors and buy the damn thing. I just can't imagine that this company in its current state is worth less than the ASDV I was an employee of when we went public in FY96. With a fourth the revenue....with the SAP deal in its infancy....but hey, day traders can cause strange things in a stock. Like 32M share volume over two weeks with a 2 point trading range.

If you already own, get some cahoneys and hold until the teens or higher. If you don't own. Buy now. Vexxing over getting in at the absolute lowest entry point is retarded because when this stock moves it moves in serious multiple point shifts. So worrying about 1/2 a point puts you at risk of missing the gain of multiple points.

Ask fund managers what their single biggest mistakes are and they wont in general tell you it is investing in companies and losing money. It's having cash out of play during a stock market rise.....
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