SI
SI
discoversearch

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 : IATV-ACTV Digital Convergence Software-HyperTV -- Ignore unavailable to you. Want to Upgrade?


To: art slott who wrote (6718)9/24/1999 10:03:00 AM
From: SBerglowe  Read Replies (4) | Respond to of 13157
 
" The paddy wagon cometh"

Listen guys, I really thought I was a genius pulling over a $100K out of the market in August because I was/ am a Bear and believe that the market is going to go a hell of a lot lower. when someone like tom Dorsey is saying that his long ter price target on AOL is $30. it gives one pause.

Now I have committed an egregious blunder.

Because I got wind that several hot shots at firms such as JPM, Sanford Bernstein, Bear Stearns, were opining that IATV was "the one". I reverently used most of my cash reserves to load up for the big one i.e. the ball park home run in IATV. Guess What. It hurts, and I could sell hre, too because in my gut I think it will go lower. I am sure thoug that there are those in the wings waiting to buy IATV big time when blood is running through the gutters of NYC. Now what do I do. My downside from here is probably to $8. Ouch!! Yeah, but that's what I honestly think, But my upside... I believe.. may be 100, 200, 800. I don't know. I am not on margin. My husband and I make good money, and I know it could get ugly. the market makers are not going to give me a decent price, and I hate them, so I am not going to give them my stock cheap, and maybe the market will go to 8500-9000 Kahuna-like and Iatv will only go to 11 or 12. I am resigned. It's really not so bad. There will be a future, only its probably is not now. I'm a chump, I also own the same T stock that was at 65 a few months ago, and is around 42 now. BWDIK