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 : PINNACLE MICRO (PNCL) - A QUALITY PICK FOR '98 -- Ignore unavailable to you. Want to Upgrade?

To: Dusty who wrote (1404)	11/26/1997 2:04:00 AM
From: Alex Balazs	Read Replies (1) \| Respond to of 1709

Alex, it sounds like you shorted PNCL right? Hahah...if only I could have been so insightful when I was buying at over $2.00/share ..... I said - 89% gain...as in less than zero :), but still, I realize this is not as bad as some of the people holding shares they bought at $18.00 (someone must have done this and is kicking themselves as we speak). It may be a good oportunity to buy more, I don't know, but I figure for the ammount of risk, I'd rather put it into a desert dirt gold stock like CHIP, MXAM, or MGAU where I think there is a chance of making some REAL money if they come through. I cannot see PNCLE jumping up the way a gold stock has the possibility to, and the gold stock is probably less risky right now :). In other words, for the ammount of risk involved in buying more PNCLE, the reward doesn't look so great. Alex PNCLE long that wishes he could have shorted a few months ago :)