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.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Ron Bower who wrote (2925)	1/3/1998 7:15:00 PM
From: Robert Graham	Respond to of 78666

I agree with your thinking here, Ron. Why go for the "shot in the pan" when there are value plays on companies with a solid track record, and at least know what a profit is like? Why go for the unecissary risk that this approach implies? It is already risky IMO to tie up one's money in a particular company for a long period of time. Why place your hard earned cash into a company of no known management record and earnings performance record? A better play on comapnies like this would be for the shorter term investor who is in the position to diversify where this investor expexts only something like 1 out of 4 or less to pop and produce profits. There are the penny stocks for this type of play. And the entry fee for a penny stock is also much less than for other stocks. IMO both approaches have something in common called gambling. The value is in entirely in the mind of the beholder because there is nothing substantive to base the value oriented purchase on except "can bes" and promises by an unknown management team and their dreams of success with your money. Matter of fact, the individuals in management do not have to be successful in producing a real corporate profit in order for themselves to profit from their position. IMO this is particularily true in turnaround situations. Think about that. Bob Graham