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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (53614)9/23/2004 1:23:26 PM
From: Seeker of Truth  Read Replies (1) | Respond to of 74559
 
Hi Jay,
I know why you got out. A wise man, I sort of forget his name --- it was something like Jen Chay, I don't remember clearly. Anyway he pointed out that technology is self annihilating. Invention X leads quickly to Invention X' which is a cheaper version, introduced by a different organization, and this catalyzes the birth of Invention X" which is better than either X or X' etc. etc. Also the people on the inside of these great little companies don't have a clear idea about whether or not the product they are developing will actually have every property they are hoping for. Certainly they don't really know how the user public will receive it, etc. So you got out of EMA with a tiny but quick profit, because you once listened to that same wise man and remembered his salient points.
Good move.
Chugs.
MB



To: TobagoJack who wrote (53614)9/23/2004 2:10:53 PM
From: jrhana  Respond to of 74559
 
This is more art than science here-don't follow your heart or your head but rather your gut



To: TobagoJack who wrote (53614)9/23/2004 4:03:56 PM
From: Taikun  Read Replies (2) | Respond to of 74559
 
Jay: your Vestas Wind has done exactly what you said. After trawling the ocean floor they have discovered they must gain altitude to take advantage of wind, and that they did today.

At 86 DKR they're still 50% below the ATH of 120. Should be a good run!

finance.yahoo.com

Thanks,

David