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Strategies & Market Trends : G&G's Riding Lawnmower thread -- Ignore unavailable to you. Want to Upgrade?


To: Alan Smithee who wrote (320)7/14/2000 12:29:03 PM
From: Original Mad Dog  Read Replies (1) | Respond to of 4966
 
Thanks Smithee. I hadn't seen that.

Still, their patent position (which is the basis for the recent rally in the shares) is somewhat suspect and still prone to negative news surprises:

siliconinvestor.com

Not a reason to totally avoid the stock, but my guess is that they won't be able to establish a monopoly fortress around this technology. And if they can't, the margins are going to be crap going forward as everybody piles in with competing machines.

All of which has very little to do with the short short term. Go ahead and run the lawn mower over this pile of cash, but take profits quickly.

P.S. G&G already posted my letter of credit in double the amount of potential losses. Not sure why yours hasn't come through yet. Maybe it takes awhile for money to be wired over the Rockies....