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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (4549)	11/9/2001 2:54:08 PM
From: NOW	Respond to of 99280

Real profits ARE bad. The stock reflects hope that profits dont matter. But alas , eventually nothing else does matter.

To: Zeev Hed who wrote (4549)	11/9/2001 3:27:09 PM
From: Andrew Vance	Read Replies (2) \| Respond to of 99280

Any opinion as to why WFR is doing so well this week? Clearly I do not have a clue, but I am smiling since I have been able to sell some of the $1.80 stuff for $2.90 - $3.10 for a 60-70% profit this week. Last news I saw was more than amonth ago as Texas Pacific Group bought the 72% stake in the company. As of now, as I mention in the PM to you, almost all of the remaining shares are "free," so it doesn't make a difference if it goes under<GG>. Moving forward, do you have any thoughts on GNSS? We at Radarivew were in at $20 on September 18th (2 months ago) and bailed yesterday at $50, just prior to the annoucement (we hit our LLT exit trigger point) regarding the unsubstantiated report of an unfavorable outcome in litigation with SIMG, causing it to drop more than $7. We got back in just after the open at $43.00 and have not heard word one about any news release. Personally, I see this as an over reaction and believe it could get back into the 50s again, given their uniques position in the market. Andrew