To: Dave Gore who wrote (570 ) 7/21/1999 6:36:00 PM From: gizmo&jack Read Replies (1) | Respond to
Dave, I think you are one of the premier stockpickers on SI and I read many of your posts. I have listened at times and at other, I have not. And lately I have been doing quite well. Here's why (and I think others maybe thinking like me which might help clear your confusion). I look at SYCD and think Anime, Pokemon. People will get this. And they have. Only reason it hasn't really exploded after its recent run has been the lack of news. But people are watching now and another runup is imminent. CAOL. The name says it all. Real smart. Plus China is hot, will get hotter, as is gambling related items like the lottery. The fact that the company is massively undervalued doesn't hurt either, but again I bought because I knew people would eventually "get it" with this stock. IHTL. I must admit I made a mistake here. Bought around .87 a while back and took a small loss after it lagged for so long. (Didn't get crushed by holding too long). By now I would've made my money back, but I began to think that people won't get this. This is a tough one though, because what they do is obvious to understand. However, I don't think they explain themselves to the public well and their name is awful. It signifies nothing. Anyway, I am watching this one closely, because I do believe in time this one will fly because the sports market is the most obvious attention getter of all. All of the others I have left alone. (Definitely should've got in WLGS. Wireless internet is sexy and I blew it here. Was watching it and was on vacation when it popped. Hoping I will make up for it with MFMI and SCKT, other wireless-related (though in very different ways) sexy stocks.) I (and apparently others) have left the others alone because they are not easy to understand or are simply not sexy. WINR was doing better when people thought it was a gambling stock, even though its potential is probably much greater now. WWAT, TLWN, SETO, and stocks like that just simply don't excite the small cap investor. All of these companies may run big like MRPS, but they will need to prove it with numbers IMO. Given your top-notch due dili, I have complete confidence that in time most if not all of the companies will provide us with exciting financials and I watch and wait for this. Even if I miss an initial pop when #'s come, I will still probably be much better off given the fact that the stocks sell off significantly while I wait. Anyway, that is my strategy for what it's worth. It has been working of late, but who knows what the future holds. Good luck and thanks for all of your many great posts. G&J
