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 : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Jess Beltz who wrote (7656)	2/19/2000 12:07:00 PM
From: KHS	Respond to of 9236

Jess, I really like your commentary. Keep it up. I was impressed with awre's trading action yesterday. It opened flat, broke 62 and then dropped on low volume. Around 3:45 it rose from 56 to I think 60 in a matter of minutes on roughly 30,000 shares then faded on some selling. Oh, it want to go higher, and I think it will in time. I did buy more yesterday. I do like BRK and own a good stake. He has fallen on some hard times and his favorites are out of favor right now. I learned so much by reading his annual report cover to cover. He will prevail over the average mutual fund manager because he has no fear. I think what differentiates Warren from other managers is his independent approach. He is not a member of the herd. I really love the name Jessica. My niece is named Jessica. I call her Jess.

To: Jess Beltz who wrote (7656)	2/19/2000 1:09:00 PM
From: Original Mad Dog	Respond to of 9236

Jess, Good insights. I agree, the economy is just fine, and I think Greenspan thinks so too. His self-defined charter has evolved from repairing a broken toy to ensuring that the new toy, which is lots of fun to play with, doesn't get broken. Of course, some people are still trying to fix their old, broken toys. They don't understand how the new toys work, they remember with much sentimentality how the old toy used to be so much fun to play with, and they just can't get over it. I used to take extra money (whenever I had some) and put it into mutual funds. I would spend some time figuring out which mutual funds I thought were best, and then carefully allocate the money amongst them. Now, when I have a little extra, those funds (many of which still buy the same old stocks they used to) don't even cross my mind. I send the money to my online brokerage account, and let the games begin. I always reason from the premise that when it comes to such behavior, there is nothing special about me. I am just one of a herd. And the more that herd continues to grow, the more this long-term sector rotation will continue. Why shouldn't it? I have been sorely tempted lately to buy LEAPS on a couple of beaten down good companies whose profits are still growing although their revenues have flattened a bit. Something has been holding me back from taking the plunge on this strategy. Part of it, I think, is that it is easier to predict that a rocket that has already launched will continue skyward than it is to predict exactly when the Phoenix will rise from the ashes. As for AWRE, if the stock is 150 a year from now, will it really matter that much whether you bought it at 60 or 55? JMHO, MAD DOG

To: Jess Beltz who wrote (7656)	2/19/2000 1:43:00 PM
From: Scrapps	Respond to of 9236

Great post Jess, you've got vision. I agree with KHS and find your commentary a benefit.