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 : Irvine Sensors -- Ignore unavailable to you. Want to Upgrade?

To: hillary kapan who wrote (607)	3/12/1998 7:59:00 PM
From: mig driver	Read Replies (1) \| Respond to of 1673

Hillary, Your assessment is illuminating. My Merrill Lynch broker answered it this way for me. These are his words..."short term traders naively take their profits and run on the prospects of a minor league victory... just while the pro's are stepping in to make real money with huge consequences". There was a buy 249,000 share buy today at 3 3/8. This is very bullish. Pro's are doing their due diligence and they like the numbers they are coming up with. Investor Relations received four phone calls today from different institutional investors. Two had buying triggers above $3/share and two had buying triggers of greater than $5/share and $100M of capitalization. Some of these triggers were met today. The others will be met either tomorrow or next week. This is very bullish. I'd recommend you have patience and take a more strategic long term view. Look at history. This stock traded at $7 to $12 when it was an R&D hobby shop. This has the potential to surpass its historical level over time. Perhaps sooner than we know. This company has too much technology reaching critical mass. There are at least four Iomega 'type' projects within this company. All time-phased for long term revenue growth. The revenue/profit stream exists and they have the product 'engines' to deliver. It's real, not hype. My opinion. Good luck with your decision. Migdriver

To: hillary kapan who wrote (607)	3/12/1998 10:34:00 PM
From: greenspirit	Read Replies (2) \| Respond to of 1673

Hi Hillary, that's terrific! We sure have owned some wild stocks together huh? Yes, Irvine is a very exciting little company. They may just surprise us all and go up for quite some time. :-) If they can bring that film to market, and then drive the price down. They could have a huge hit on their hands! It sure seems to have excited a bunch of other people too. It's the kind of device which allows any investor to explain why they invested in this company in two sentences or less. A cornerstone Peter Lynch requirement. Best, Michael p.s. Those are almost the exact same prices I bought at. I guess great minds think alike huh? :-)