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Technology Stocks : EFII - Electronics for Imaging -- Ignore unavailable to you. Want to Upgrade?


To: Harold S. who wrote (588)12/17/1997 7:51:00 PM
From: xiao-Dong Fan  Respond to of 1460
 
Hi, Harold, I am very interested in your post. Could you please tell me what kind of sofeware you used in daytrading, and how can I buy them? Thank you in advance. Xiao My E-amil xfan@ipst.edu



To: Harold S. who wrote (588)12/18/1997 1:10:00 AM
From: Sultan  Respond to of 1460
 
Interesting and educational. I was watching EFII action that day and I can relate to what you have posted. However, don't have the trading mentality. Good luck to you.

P.S. MUEI is also on my watch list. Made a ton of money couple of year's back when they bought out zeos (I used to own zeos) and then the stock climbed from around 5 to mid-20s within a year.



To: Harold S. who wrote (588)12/19/1997 1:02:00 AM
From: cc rogers  Respond to of 1460
 
H.S. I truly understand what you are saying: check out 'Net Setting and Spear Fishing' site in SI...John, who started it and with whom I've 'corresponded' for several years makes more at this than in his business, too, I would think. You would really enjoy that thread. But I can't sit in this chair all day to trade, do the research...it would be like being an accountant in a cubby hole.
Then, the point I was mainly making is that on short trades, the tax BURDEN is 38 or 40 percent, not 28. That is where the risk level...we're talking nearly HALF, is gone the second you make the decision to risk. That's my big objection, or resentment, or whatever.
Funny you should mention MUEI....I was long there too....and had a nice profit...until the day MU crashed big-time...about 1 and a half years ago. Fell right thru my stop order...wiped out a 35% gain and gave me an overnight 25% loss. It may be slicker than snot on a brass stairrail, but I feel jinxed...ain't goin' anywhere near that stock!! Since it is married to MU, its fortures depend on two successes..Mu and its own.
As for tips...here in Texas there are alot of rumors floating around about UTH...big oil discovery, take-over, so many different stories that I feel something is brewing, I just don't know what. So I've taken a small chance on some. Numbers are decent enuf to gamble, but not great.
Have old high school friend that works for Canon or Kodak or whatever...and at our last reunion she asked me about EFII...all her fellow emplowees were buying...it was at 71 at the time. I called her Tues...all contracts are still in place, and all employees still hold and were as jolted as we about the fall. No insider knowledge there. Many are buying more...those who can afford it or know anything about the market. But they are buying because they know the product and believe in it...I'd say that's a great reccommendation. FWIW.

cc



To: Harold S. who wrote (588)12/19/1997 12:21:00 PM
From: earthling  Read Replies (2) | Respond to of 1460
 
<<I don't do this for a living, in fact I am a police officer, however; I work midnights and often find myself staying up 3/4 of the day making a weeks worth of pay in a tiny fraction of the time it takes me to make it at work. (even if you take taxes out)
Is it stressfull?? SUre it is. Is it fun?? It's a blast!!!>>

Watch out my friend. Markets are "chaotic systems," which means they generate what look like predictable patterns but are in fact impossible to predict. The mind gets the impression that the system acts in a certain way, but it's an illusion. Eventually the transactions fees, however insignificant they may appear, will eat away your capital.



To: Harold S. who wrote (588)12/20/1997 10:32:00 AM
From: r q lad  Read Replies (1) | Respond to of 1460
 
Harold - your post was very interesting to me. Imagine that, you don't need a Stanford MBA to make money in the market. I'm trying to get a handle on the Bid vs Ask 'SIZE' info in a stock quote. for instance, if a stock is for example -bid size 50- x -ask size 10-
does that tell you there is more buying or selling interest. Thanks for any insight. You made a good call buying EFII below 13 on thursday. Did you follow your 5/8's rule or are you hanging onto this one. They may give some back on monday..

regards,
Randy