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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: valueminded who wrote (74213)	1/21/2000 5:30:00 PM
From: Knighty Tin	Respond to of 132070

Chris, See my note to D above this one. My two year target for GZTR is $25. I will sell a third at $9, if it happens in the next 3 months, as that pays for all that I've invested in the issue. Another third would go at $15 within 6 months, $18 in a year. I take off thirds for several reason. One is to cover my cost for the entire position, as mentioned above, which I do occasionally. However, I also have a valuation over time line that shows where I think the stock should be at any given date in the future. With GZTR, my average cost is so far below what I consider fair value, that I plan to be out when it hits fair value of about $25. This time, I will take off a third at about a third of fair value, a second third at 60-70% and be gone at fair value. Sometimes I let them run beyond fair value, but not too often, as it makes me nervous to be running with the blundering herd, even when my cost basis is much lower.