To: Charles Broderick who wrote (2896 ) 11/7/1999 12:45:00 PM From: Dave Shoe Read Replies (2) | Respond to of 6847
Thank you very much, Charles. Your compliments regarding my "insights" are much appreciated. (I'm not sure what "the odd time" means, but it sounds cool, too.) I hope this is an early indication that I am catching on to the techniques of daytrading. I know there is much more to learn in this evolving arena, and also there is another world known as "investing" which I also seek to eventually learn. I consider myself less of a stock market person and more of an electromaniac who favors electromechanical systems design. In the last five years I've stepped away from OrCAD and AutoCAD and focused primarily on 3D solid modeling using the Pro/Engineer CAD package. In the last 2 1/2 years I have been working with some hotrod toolmakers who have taught me plastics and casting design in powerful fashion. The wearable computer has caught my attention not because it seems like a great investment idea, but because it represents a cool little gadget which, in some form, WILL likely be carried by a significant fraction of Americans within ten years. I like gadgets and I like designing things. I am presently forging the notion for the machine I would like to carry, and it ain't a PC-based unit (sorry, but this is the case). Don't worry, I fully believe that industry has strong need for a suitable wearable PC. My intro to the stock market was 18+ months ago when I was laid off work for two weeks when we were between projects. It was a great time to jump into daytrading. Dot.com's were skyrocketing and it seemed every move I made went north. I started a fresh project at work just after the XYBR pop. But a bull market doesn't make me a good trader, nor does it make me an investor of any sorts. Because I have only a limited time to give to the stock market I chose Xybernaut, and a couple other stocks, as test cases to learn intricacies of how public companies work. It sorta personalizes the market. I definitely know Xybernaut better than any other, but that ain't saying much, really. I do expect that the lessons I learn today will be valuable down the road. As for trying to manipulate the stock price for my own gain, I would definitely be doing a disservice to this thread, and the company, if this was the case. The stock market isn't powerful enough to make me 'start fibbing' as a way of life, but you are wise to be cautious of my motives. Rather than posting here, I did try posting to JMoynahan's thread a couple times. I got the impression John and some others were not tickled to have me there, so I'm mainly sticking to this thread. By the way, I have made heaps margining this stock, and later lost money margining this stock, and on the occasions when I own it nowadays I won't margin it at all, but how the heck can anybody short a stock which is this low? Datek's "not-marginable" indicator seems to appear below five or six bucks, if memory serves. Your answer would definitely help me understand how a stock like this can ever have "short pressure", which it apparently does. Shoe.