SI
SI
discoversearch

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 : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?


To: jgideon who wrote (418)1/20/1998 10:53:00 AM
From: Dale BakerRespond to of 118717
 
SLOT is expected to continue earning around $1.20 per quarter or better. That suggests even a 15 PE gives you $72 and a 20 PE yields 96.

I'm sure lost confidence is a factor after what happened last fall. I just think the numbers will win out in this case barring any further bad news.

FYI, I bought at 63 with a stop at 56. I may sell in the 70's if it gets that far and looks iffy. I just hated missing the runup last year when I thought about buying it in the 40's and bought SSW instead. Big miss there.



To: jgideon who wrote (418)1/21/1998 7:20:00 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
JG- What do you think about the market today? NASDAQ futures are down 990 and the world is not happy with IBM missing earnings. On the other hand, MSFT reports after the close and CPQ should be out any second.

I missed the runup in Internet stocks the past few days. Some look like tempting short targets - LCOS, ONSL, ATHM, plus AFCI and CFON. Problem is, this market could turn on a dime again if MSFT rumors get out and it goes on a run.

Can't decide whether to pull any triggers today, especially since I will be out of the office for the first hour or two the market is open.

Opinions?