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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: swot who wrote (2612)6/14/1999 1:31:00 PM
From: swot  Read Replies (2) | Respond to of 3896
 
BTW, I'm long MCF. I've bought and sold the stock a couple of times but have remained long since the stock traded at $7.55 and then added again (on margin) at $9.30. Foolish, maybe. But that's what I did. John may very well be right about having to make a margin call (if it was John who mentioned it, I didn't search the posts to find out).

At this point, I feel much more comfortable waiting to see if this occurs rather than risking a sell off to buy in at lower prices. Actually, price wise, it's probably the best thing for me to do. If I felt that Microforum was shy on potential, and I didn't believe in the management, I most definitely would have sold. But that's not the case.

If the stock doesn't drop any lower than 5/share, my margin call will be extremely small. I'm prepared to take that risk and pay the margin if I must. I'll still make good money in the end, as I have so far. I'm quite comfortable with the profits I will make when the stock retraces itself back up. I also think that John has underestimated the future value of this stock. This is based partly on company fundamentals, marketing potential, progress to date, and very largely on my own gut feelings. And even if I'm wrong, I would rather live in harmony with myself, then go against what my gut tells me.

All the Best
Marty P.



To: swot who wrote (2612)6/14/1999 2:40:00 PM
From: Jazzss  Read Replies (1) | Respond to of 3896
 
Jazzss, The only thing you're gonna accomplish by your attacks on
John, is that you'll turn this thread into a pissing contest. Everyone is entitled to an opinion, and everyone is allowed to change that opinion if they choose to.


Why are you so concerned about my posts to Jonnie, I have not seen
you respond to him when he so clearly twisted my posts, not that I need or want you to intervene or belay me. Pissing match aside, when my posts are twisted to anothers desire I am an " in your face type of guy ". I see no inherent need to "tippy toe " around this with an appropriate line of questioning.

Jonnie is entitled to any opinion he wants to express, but twisting my
posts are not an opinion but more in line with an ulterior motive clearly designed to deflect from the topic that was at hand.

So far, John has been very up-front and direct in answering any questions that I've had.

Does this then validate his previous posts to myself, or have you mistakenly validated his previous posts based on your response
from him?

In light of some other posts on this thread, I have to ask myself why you take it upon yourself to scold myself on the proper response I should be taking to anothers post, maybe you can PM with an explanation, as my rudimentary responses cause you some concern.

Fuddle made a rather humourous reply to Jonnie, with no response from you, perhaps if I kept my respnses humourous you would not reply to me? Of course you may PM me on this also and elucidate your thoughts, as I have no desire to muddle this thread with a podesta like attitude.

Jazzss