Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (41885)	9/19/1999 10:25:00 PM
From: KHS	Read Replies (1) \| Respond to of 152472

Not to hype, but I'd love to see a merger between Intel and QCOM down the road. I think it would fit well for the evolution we are in.

To: Uncle Frank who wrote (41885)	9/19/1999 10:57:00 PM
From: S100	Read Replies (1) \| Respond to of 152472

I have followed the exploits of Harvey Houtkin, the original SOES Bandit for several years. I have a copy of his "Secrets of the SOES BANDIT" which came out in 1999. He is the president of Attain (http://www.attain.com/). His recommendations: $150,000 is best, $100,000 is adequate and $50,000 the limiting minimum amount of capital. These sums are based on the availability of margin under Regulation T of the Federal Reserve Board( what ever that means). I take it to mean you margin to the max which is 50%. He recommends 1000 share DAET orders. Direct Access Electronic Trading (DAET) is the preferred term over SOES Bandit. After reading the book, I decided that the one making the money is the firm at $20 on each trade. He recommends that you make many trades to capture perhaps 2 points of a 4 point move. My impression was following his methods was an almost sure fire way to lose everything, which seems to be born out by current events.