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.

Gold/Mining/Energy : Infowave Wireless Messaging IW:TSE -- Ignore unavailable to you. Want to Upgrade?

To: David Patrick O'Connor who wrote (1511)	3/31/2000 11:14:00 AM
From: axial	Read Replies (1) \| Respond to of 1690

David - First, congratulations on your perceptions, and more important, your actions. Believe it or not, I had the same perceptions, and even a date - Feb 10 - when I was going to sell out my whole portfolio - but I didn't do it. This will be a quick response. The question implicit in your dilemma is: " Is the wireless phenomenon for real?" Another question implicit is: "Where could a new investor make a play that would generate superior returns over the next 1-2 years?" I'd like to explore this question more deeply over the weekend; please feel free to give any contrarian views you may have - I welcome them. Before signing off, however, I'll say this: I have yet to uncover any survey, market analysis or study that says the wireless move will be nonexistent. And an excellent play, on the software side, is Infowave.

To: David Patrick O'Connor who wrote (1511)	4/2/2000 2:47:00 PM
From: axial	Read Replies (2) \| Respond to of 1690

David - Just some second thoughts on your post. I wouldn't wish to engage in a debate defending IW. My feeling about stocks is that they're like used cars, houses, and many other things - there's always another one. Despite the heavy losses suffered by IW, I have been trying to make a rational evaluation of my investment in this stock. One of the things that has always stuck in my head is an old thought by Mark Twain, which I'll paraphrase: A man never makes just one mistake. He always, on realizing his first mistake, overreacts, and then makes a second mistake. You didn't make a mistake, but I did; I didn't sell a portion (1/2) at the peak, and now I'm way overweight in IW. (But I've still tripled on the year). My only question now is "Should I sell, or wait it out?", before re-balancing. I dislike stock "boosters" and I wouldn't want to be seen as one. I have made what I hope is a rational analysis of my position - and my position is that Infowave offers the chance at superior returns. Tonight I'll go into more depth on "Why?", and I hope no one minds the thoughts.