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.
Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: rsc who wrote (8003)11/4/1997 11:15:00 AM
From: rsc  Read Replies (1) | Respond to of 25960
 
I bought some more at 23 1/2. Please somebody remind me never to buy in the first half-hour of trading.

Now for the important business. I think I've figured out NYC's game.

Towards the end of the day NYC wrote, "Funny, the stock couldn't get over 24 3/8! Where did I hear the number before?"

A good question. I didn't have the answer right away. Later in the evening NYC gave us a crafty hint, "Well it's all the same rsc, the old timers that taught me used old proverbs not math."

But we can never take what NYC says at face value. Believe him at your own risk. I took this second statement as meaning its own opposite: the old timers' wisdom was imparted though mathematics. NYC gave us "24 3/8" as a mathematical proverb, a road to wisdom.

How? Why?

Well, we all know that 42 is the meaning of life. (If not, I refer you to Doug Adams. The Hitchhiker's Guide to the Galaxy .) There is no way to get 42 out of 24 3/8. Every attempt is frustrated.

2 4 3 8. If only the 8 could move from back to front. Then we could have (8-2)*(4+3). Voila. But we can't do that. We can't change 24 3/8 into something it's not.

NYC was telling us all that without big bucks fighting the market is like finding the meaning of life in the price 24 3/8.