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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Gary M. Reed who wrote (36437)	11/11/2000 1:24:51 PM
From: UnBelievable	Respond to of 436258

Shorting MER Doesn't Sound Like A Bad Idea If he took the money he had left and bought January OOTM poots on MER he should have a good chance of getting it back. The trade would involve risk. cut probably a lot less than his current portfolio.

To: Gary M. Reed who wrote (36437)	11/11/2000 1:25:37 PM
From: re3	Read Replies (2) \| Respond to of 436258

Gary, good post, j6p thinks the nasdaq itself is infallible, its almost like they are buying a share in the concept 'technology' which of course will continue to shine , without realizing that they are just buying a bunch of companies that are only currenly the leaders. nobody figures that there will be new companies to overtake these current leaders, never mind their overvaluations. i think someone mentioned that the nas has bounced back from 3k a few times, it'll be interesting psychologically to see if it can get below 3k and stay there long enough to make j6p squirm. i don't think it will be too palatable if j6p sees the nas with a 2 handle...

To: Gary M. Reed who wrote (36437)	11/11/2000 1:34:44 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<<I think he said he gave him the money this summer and his portfolio is already down to $258,000 (from the $350k he gave him). They had him on with a panel of "experts" and the host (Brenda Buttner) said that the broker was with Merrill Lynch--after they showed what his picks did, one "expert" said, "sheesh, we oughta be shorting Merrill Lynch." THEN, to add to the comedy, the Survivor guy told the panel he wanted to buy RIMM. It was better than watching Comedy Central.>> ROTFL! It's only fitting that that clown ends up destroyed! I HATED that show!<G>

To: Gary M. Reed who wrote (36437)	11/11/2000 1:57:51 PM
From: Ilaine	Respond to of 436258

I am seriously thinking about buying some things right now. I turned up a couple of ideas yesterday, with P/Es of less than 15, profit margins of more than 15%, earnings growth of more than 15%, and debt to equity of less than 2, in industries that I understand fairly well (one in communications, one in pharma). Sent them requests for investor packages. Does that make me an UltraClown? -g- But I am going to be cautious, the future looks very uncertain. Still, a lot of defense and big pharma companies are close to their 52-week highs. So far, many companies with solid balance sheets seem to be weathering the storm.