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Technology Stocks : GTIS - Will it be a Phoenix or not ? -- Ignore unavailable to you. Want to Upgrade?


To: Sleeperz who wrote (1594)2/28/1998 11:20:00 AM
From: Scott Miller  Read Replies (1) | Respond to of 2319
 
>>> How many stock options of GTIS do you own? Number and Exercise price?

Cannot say, due to our agreement. Perhaps this info is included in the annual report. However, when it hits the mid-teens I will be *very* happy.

As a rule, I never buy stock when it's near its high, unless using dollar cost averaging methods, which is how I purchase mutual funds, too. I believe that stocks have a much easier time regaining lost ground than hitting new highs. For example, when AOL lost a huge percentage of its value over a year ago, that was a perfect buy situation, especially since AOL is far more focused than its only real competitor, the Microsoft Network (MSN). This isn't a sure-fire system, of course--I wouldn't touch Netscape now, because Microsoft has an unfair advantage in that category that overcomes Microsoft's over-diversification problem. (That unfair advantage, of course, is that it owns the monopoly known as Windows.)

Scott Miller
Apogee