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

To: Dale Baker who wrote (487)	2/13/1998 7:37:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

Friday Update: Cleaned out the dog pound yesterday by dumping SIDT and exiting GEMS at break even. Too bad on that one. Also covered my MENT short and went long with half the number of shares - someone is holding up this stock and accumulating despite MENT's recent setback. Don't fight the tape, right? Keeping a tight stop there, just in case. Stopped out on my SEBL short at break even. A lesson about stops. SEBL was drifting along around 47 most of the day, then suddenly it's at 48 1/2 and pushing 49. If you short volatile stocks, put stops in place or be ready to watch them every second. They can shoot up without warning. In retrospect I should have seen that 46 was the new base and covered there instead of hoping for more. Hope is lethal in the market. Trying to decide between two possible new long positions: SYNT and PWAV. Very different businesses but I'm leaning toward SYNT based on the track record of CBSL, IMRS, CHRZ, etc. These companies get very high multiples. Plus SYNT has good offshore outsourcing connections in India, which gives them the manpower to do lots of code work. Any opinions out there? Very happy with OMKT so far. This should be a long-term hold if it doesn't break down along the way or get bought out ;<). Diversification - with Asia weighing on techs, I started looking around for other places to park a portion of my portfolio. A colleague here is very high on WMB, a gas pipeline company which is transforming their pipe network into a fiber optic network. Could be big things ahead. Even better, this is a national communications infrastructure company WHICH ALREADY MAKES MONEY. There aren't many of those around. This is a buy and hold for a while investment. I normally avoid anything medical like the plague (pun intended). However, the same colleague mentioned IHS, which provides post-hospital home care and nursing home care. Looks undervalued compared to competitors like BEV. Hit 39 last year and fell back. Now it has clearly turned and could reach the 50's if business stays on track and it can break old resistance at 39. Bankruptcy in Indonesia won't have much effect on the need for elderly services in Omaha. Dave Furstenberg is high on CMP; I compared the two and chose IHS for its large market cap and track record of earnings. Plus it is more diversified. Good luck with CMP, Dave. Opened a new short in ORCL yesterday; still have shorts in CYBR and PNDA. Good luck everybody.