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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: R.E.B. who wrote (12772)2/10/2000 3:09:00 PM
From: themadsnooker  Read Replies (1) | Respond to of 18998
 
HDTV <-- The Raging Bull board is pretty active compared to here, probably the best source of info (some of those guys followed the company a long time).

It's a pretty scary stock, it will either go up in a hurry or fade away. If they produce product in quantity and have buyers, we are big winners.

Aside from Mr. P!nk's recommendation, my reasoning in holding is that, if the management is being honest and they really are gearing to manufacture a product in quantity, there must be a prospective buyer for the product (you don't give someone $$$ to ramp up production without first enquiring if they have customers).

So, I think if management is honest, we are okay. Mr. P!nk has indicated he has faith in the company, which tends to indicate the management is honest. Since Mr. P!nk does not lie and does not rush blindly into investments, I concluded that management is, in fact, telling the truth, and that they will be producing actual products (did they say 3rd Q?) in the foreseeable future.

Also, since selling 25% of my shares (I went into it too heavy for comfort), I feel much better about HDTV.