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 : ZixIt Corporation (ZIXI) -- Ignore unavailable to you. Want to Upgrade?

To: Craig Richards who wrote (2933)	9/1/2000 9:52:28 AM
From: Dale Baker	Respond to of 4120

ZIXI doesn't need something old-fashioned like REVENUES - they have TECHNOLOGY!!!!!!!!!!! ;<)

To: Craig Richards who wrote (2933)	9/1/2000 7:15:23 PM
From: Mike M	Respond to of 4120

What is surprising to me is the impact that additional float from insider sales did to the stock price. Not much. I enjoyed the initial run with this stock and played the short side a little. I bought initially because I liked the technical action and the insider buying was heavy. Later, I decided there was too much going on here that I couldn't put a finger on... I couldn't justify being long with this much market cap and no revenue and I wouldn't short into a stock that defied logic. I warned Tom Hua 15 months ago that I thought he was making a mistake taking a long range short position. I don't know if he is still short or if he's made any money since the heady volatility days but I doubt shorts have made much. The stock appears to continue to be controlled by the insiders and they know too much for me to be willing to play their game.