SI
SI
discoversearch

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 : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (83337)1/3/2001 2:36:22 PM
From: Wowzer  Respond to of 95453
 
Anybody looking for some "tech" laggards take a look at MERX and PHTN....



To: kodiak_bull who wrote (83337)1/3/2001 2:37:17 PM
From: Think4Yourself  Read Replies (3) | Respond to of 95453
 
Can certainly appreciate taking the easy money but think you folks may be leaving a lot of profit on the table by selling your tech here. There is an all time record Nasdaq short position out there, and funds are sitting on billions in cash. These two factors are going to collide because of the rate cut, and a huge short squeeze could easily occur. We are also nearly through earnings warning season. The rally may be just beginning.



To: kodiak_bull who wrote (83337)1/3/2001 3:55:17 PM
From: CpsOmis  Read Replies (1) | Respond to of 95453
 
<<More important question: what have you done lately?? :^o)

In re: RRC I am going to watch it trade for a bit first. My guess is it recovers 1/4-3/8 tomorrow, and continues down for a few days. My guess is it bottoms around 5 9/16. If it drops significantly below that, I will own it again.

I bought 7800 SMOPW warrants yesterday at the close yesterday for .51.

I will ride out my SMOP position, divesting to cash somewhat as it rise towards the selling price. SMOP looks to be a very fine 20% 'pretty sure bet' sitting on the table for 4 month wait. I like that I can get a cash buyout option.

Other than that, I remain cautious. I don't know if you read my late night insomniac diatribe a few days ago, but I think we have passed the value phase, recovery and growth phase and are in the midst of the boom phase economically for companies and the momentum money phase for investors.

Earlier, it was pretty easy for someone with good instincts and the common sense to understand the trend and the reasons for it to "throw a dart" and do pretty well.

Now, more than ever, one really needs to understand the interplay of fundamentals to valuations in light of momentum, international politics and investor sentiment.

I'm nervous....got the emotional sensations of the deer in the headlights and fortunately the sense to get the heck out of the road!!!!

In short, it really is a stock picker's market now...no rush for me at this point.

Cosmo