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.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (22086)	3/10/2000 3:04:00 PM
From: Sye Walsh	Read Replies (2) \| Respond to of 57584

Ref RDOC Just received phone call from company. A MR. Lou Kirchner. Very friendly and positive. OK, my mind is settled 1. All the Mentions of placements were sales, so the qtr will show significant growth. 2. My estimates were correct on robodoc sales. 3. Neuromates sell for aprox 20% less than Robodocs 4. They have presented what's called a PMA application to the FDA, and have started clinical trials. 5. They are excited about the financing program established with Siemens, as it will cut down on their sale cycle. After talking to Mr. Kirchner I feel much more confident about this one going into earnings. Sye

To: Rande Is who wrote (22086)	3/10/2000 3:23:00 PM
From: Joe Smith	Read Replies (2) \| Respond to of 57584

Rande--Profit often, not too often, but often enough. :) I have cashed out positions equal to my initial cash base when I first started paying attention here last Fall and I am still about 2/3 invested. Love taking those profits. Going to actually put some of it to use paying off some long-term debt. That way, if everything falls apart some day, I will still be ahead. I am using the Kevin Shea free-shares philosophy. After cashing in, all of my holdings are free shares. What amazes me is the rose-colored glasses attitude, seemingly forgetting that there is always a risk to investing. Bob Martin ( no offense, I have you bookmarked Bob because I respect you) worrying about a couple of percent when he is cashing in hundreds of percent profits. Steve Finkel ( again no offense, thanks for FBCE etc.)not really noticing the downside risk to warrants. (BTW I have been playing ONSSW and played LPTHU. You don't need much cash to play. But w's are intrinsically worthless, so the risk is very high. You have to be willing to lose large percentages of your principal. Even the best bet can surprise you to the downside. Plus the spreads are usually huge making it hard to get in and out.) There is a downside to the market. There is no downside to cash unless things really fall apart. The higher you get the further you have to fall if you just keep rolling that money back in. Never be afraid to take some of that money off of the table and put it to use. Yesterday was a good day for me and I wondered why my profits were relatively low. It was because I am no longer fully invested. So??? My risk has been greatly reduced. I am sure that everyone knows all of the above, but I think that people are losing sight of it. IMHO, the harder it is to make a profit, the less I am going to play. What is the upside here? What is the downside? Still plenty in the market but I have plenty in my money market too. Waiting for some nice entry points, playing some rats, ignoring my core holdings. Even sold 1/3 of my LPTHA at 62. First time I have sold some of that sacred cow and my holding is still four times as large as my initial buy. That is how much I still like it.

To: Rande Is who wrote (22086)	3/10/2000 3:35:00 PM
From: shadowman	Read Replies (1) \| Respond to of 57584

OT Not to pick a nit: .like Maury Wills of the 60's S.F. Giants and I believe later the Cards. . . leading off 2nd base. Maury spent most of his career with the Dodgers.

To: Rande Is who wrote (22086)	3/10/2000 6:33:00 PM
From: OpusX	Read Replies (1) \| Respond to of 57584

Rande, As always I appreciate your insight immensely. Maury Wills also played for the Pittsburgh Pirates at old forbes field. I saw him steal many a base there as a kid. I remember the bus ride to the park was fifteen cents in those days. Very tough market now I don't know what to do with my biotech holdings. I've cut them back to small core postitions but am still nervous. As an example today I made myself a sandwich and when I sat back down EPMN had dropped into the 15's. I would appreciate your take on what to do with biotechs. Keep cores or sell them all off. They ran so far that I'm scared to death to hold them. I had EPMN at I think 9 bucks! What to do...what to do :) Regards, Robert waiting for new site!