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 : LEGATO SYSTEMS LGTO -- Ignore unavailable to you. Want to Upgrade?

To: Edwarda who wrote (772)	2/1/2000 2:09:00 PM
From: Jay Rommel	Respond to of 1138

SOLD AT 29 TODAY God, I didn't expect this thing to skyrocket today. I will buy it back if it dips later today.

To: Edwarda who wrote (772)	2/1/2000 2:24:00 PM
From: Chuzzlewit	Respond to of 1138

Thanks for your comments Edwarda, The stock is not, however, for the faint of heart at the moment. True, and that explains the very nice premiums available on the options. Considering that the NASDAQ 100 P/E is well north of 100 I am gradually changing my investment approach. I think the real opportunities may be with fallen angels like LGTO and TYC -- companies with strong fundamentals unfairly punished by the market for issues that I believe the market misunderstands. Of course it is always possible that the market understands quite well and I am the one who misunderstands. TTFN, CTC