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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (9268)	11/24/1997 5:40:00 PM
From: Defrocked	Respond to of 18056

Globex SPoos down 2.40. Couldn't believe the pit took it out this afternoon at a 3 point premium. Not with Japan to trade this evening.

To: Cynic 2005 who wrote (9268)	11/24/1997 5:50:00 PM
From: Don S.Boller	Read Replies (2) \| Respond to of 18056

Mohan: I'm new to SI @ this thread, but I have been buying stocks since the early 50's...yes I said 50's. Became NYSE stockbreaker in 1962 so - I have "been to a few fairs" myself. Never to old to get a good idea or new approach from any direction. An open mind can sometimes do wonders. Thanks for your response.

To: Cynic 2005 who wrote (9268)	11/24/1997 6:19:00 PM
From: Bearded One	Read Replies (3) \| Respond to of 18056

I actually blame Peter Lynch 50% for the overheated Stock Market. He was the one who gave the little guy the guts to go and look around his neighborhood, see what's selling, and buy the stock. After all, that's what Peter Lynch says he did. What Peter Lynch didn't tell people was that he was surrounded by hundreds of other people who would give him the correct context to make decisions inspired by his wife's shopping. Since Peter Lynch told everyone that they could be Peter Lynch, everyone now thinks they're Peter Lynch and owns tons of stock which they may have a hard time selling if it ever comes to that. The people who sold off early and paid their mortgages are the smart ones. I blame the banks pushing stocks on everyone for the other 50%.

To: Cynic 2005 who wrote (9268)	11/24/1997 7:16:00 PM
From: MENSO	Respond to of 18056

Hi Mohan, I don't know if you are still following the "What the Market Taught Me" thread or not, so here is my post to you again... Did you ever get a chance to take a closer look at RomTech ? Below is an UPDATE should you still be interested in ROMT. By the way, I would like to know what you think about the company because I am still accumulating every chance I get. RomTech sounds too good to be true. What am I missing ? Thanks, Mohan... ROMTECH UPDATE On October 28, 1997, the company's Chief Financial Officer (CFO), Gerald Klein, bought an additional 25,000 shares at a price of $2.00 per share. Two weeks later, on November 13, 1997, the company issued a press release stating that the company expects RECORD results during the second quarter of Fiscal 1998 -- ending December 31, 1997. In the press release, RomTech said it expects seasonal opportunities to enable revenue for the first half of Fiscal 1998, ending December 31, to MATCH revenues for the ENTIRE Fiscal 1997. The company said its goal of DOUBLING revenues in fiscal 1998 to more than $8 million was based on the success of its Galaxy products. Not long ago the company had issued a press release stating that it expects to report EPS of $0.20 during fiscal 1998. This would seem to indicate, based on average P/E ratios for the software industry, that within a few months ROMT could be trading as high $6 to $8 per share even thought it currently can still be bought for $2 to $2 1/2 per share. Here is a link to the new RomTech thread ===> exchange2000.com