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.

Technology Stocks : Copytele - Another XEROX in future -- Ignore unavailable to you. Want to Upgrade?

To: Ken G who wrote (1080)	11/9/1997 7:01:00 AM
From: Rich Goldsmith	Read Replies (1) \| Respond to of 1320

Ken, That gray area, if it even exists, can get trampled in the panic so quickly that I just assume it never exists -- look at what happened to WDC on Fri. Straight up management, said that the 2Q earnings would be at least in the 20 to 30 cent range (verses projected of 83) and the stock tanks 6 5/8 to 23 5/8. Now I don't short, but I will bottom feed -- although DDs may have not bottomed yet (QTMN was down big time also, SEG was off a little, I went with WDC because I have installed their DDs in two different computers, the buy what you use philosophy). I suppose the one thing I forgot from the last post was that I like to sleep at night also, so I need to feel comfortable with what I'm doing. Look at "F.I.A.S.C.O. Blood in the Water on Wall Street" by Frank Partnoy. FIASCO is short for Fixed Income Annual Sporting Clays Outing, deals with how Morgan Stanley rigged the derivatives market. When I worked in NYC, I used to play cards with some on the Wall Streeters on the New Haven Line out of Grand Central. There were several bridge groups that I would (read could) not play with, well I could, I just don't like to lose $10-$15 on a short train ride every night. So now I stick with 'safe' plays, CPQ, HWP, INTC, MSFT and WDC (broker thinks I building my own 'paper computer'), several 'safe' mutuals (MCBAX, MCLOX, MCSPX, RCVBX) and a couple of wilder ones in the after tax area (TRBCX, RPFGX, SMLCX). I do sort of miss my COPY/CTSX/WIND days sometimes. Regards, Rich

To: Ken G who wrote (1080)	11/9/1997 7:11:00 AM
From: Rich Goldsmith	Respond to of 1320

Ken, In that last, long rambling I forgot to add this: See www4.techstocks.com for a bit of background. Goes back awhile. Regards, Rich