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 : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Learner who wrote (9234)	2/4/1998 6:41:00 PM
From: Parker Benchley	Read Replies (1) \| Respond to of 14577

Mike, (Smiling broadly at your post to Steve. Heh heh.) Much the same as a great conductor can literally change the sound of a symphony orchestra within 10 minutes, a few savvy moves by a real CEO who leads can be remarkable. I'm glad Terry is back at the wheel. Onward and Gooooooooooo S3!!! George P.S. DAMIEN is in the corner whimpering at the moment.

To: Mike Learner who wrote (9234)	2/5/1998 8:01:00 AM
From: steve goldman	Read Replies (2) \| Respond to of 14577

I have come to realize that on threads like this, you can't win, one way or the other. Mike, I was dropping in to say hello and congratulate the long holders on a good day for the stock. Trust me, I don't own the stock, I'm not short it, I was just saying congratulations to those who own. As for recommending being careful, my point was that investors should not get visions of 15 to 20 bucks on their minds, not just yet. The stock had one good day, its first good day in quite a while, while the market has continued to roll back to within earshot of record highs. the stock will have a lot to work through. No positive news yet, just an indication that the company is focused on removing negative aspects of its model. New management is nice, but you have to perform. Individuals buying here will hve large returns in small moves, so they will continuously be rotating stocks. Stocks that get beaten down don't snap right back because people paying 4 3/4 might be taking profits here of 40%.....and this continues all the way back up until it looks likea respectable stock and it actually turns in some profits. If the stock gets more active and looks like it might be attracting attention, i might buy some around here. But also remember that if I buy at 7 and sell at 10, I will greatly be enjoying a 35%ish return while some investors might just be getting even. Writing all good things about WDC? Mike, please don't just throw knives. I have never written only good things about wdc, AND if you had listened to whatever I had posted, you might have been one of those who bought the stock in the 14 and 15 range, with it now at 19. $3 to $4 target range on S3...trust me Mike, I have no aspirations one way or the other for this stock, just hoping that those who have lost money in it make it back in the stock or in something else. I have clearly stated when I have owned this thing, when I have gotten in and out. Targets? When the stock was 12 and I was saying the stock could touch 5 or 6, even Frank took issue with it. In hindsight, gentlepersons, we all know where the stock fell to. Had you followed my advice on this company you would have been in at 10 out at 15, and said goodbye.. I definately got out too soon and heard crap about that as well on the way up, like, "see steve, you don't know everything, you got out at 14 and 15ish, see, its at 18"..I didnt own the stock at all when it collapsed from 18 to 12 before that conference call and the restatement. I was on here posting because I was pretty confident that the stock at 12ish was going lower. I was strongly recommending saying goodbye at 11/12ish after the conference call which I listened to. Mike, Ihave only tried to give me advice and opinion with all the sincerity that I can. I don't get them all right, I just try to make more on the ones I get right than the losses I get on the wrong ones. Let your winners run and cut your losses at reasonable numbers.. You can hawk me if you wish, but to be honest, the advice has been dead on. WDC..bought it too soon but has comeback nicely since strongly suggesting it at 15ish. Still think its a great long term company, its has some cash flow problems which it will address soon but huge revenues and other benefits. I still watch the stock occassionally and see it print, etc. Its nothing I would recommend to anyone but, for trading purposes, could make a nice run to 10, which could be very profitable given it is a cheap company here. I only stopped in to say congrats to those that were long. Good luck to all! Regards, Steve@yamner.com