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Microcap & Penny Stocks : DGIV -- Good Prospects? -- Ignore unavailable to you. Want to Upgrade?

To: Sam Lee who wrote (2156)	4/2/1998 6:12:00 PM
From: Rick	Read Replies (2) \| Respond to of 7703

Sam - sometimes when people get nosebleeds from the amount of bucks they have built up in share apprecition - they have a tendency to not be able to handle it - & stick with the game...Thus - you are right - many "smart" people have no b***s and end up not being millionaires because they took their profit out waaaaaaaay too soon (typically being conservative types..) I'd like to think that I'm smart (but hopefully never express it directly - as I believe that true enlightenment is sublimation of the ego a la 7 days in Tibet) -- but more importantly.. I'd like to think that I'd have enough sense to stay with something long enough to become a millionaire....whether it's 60 or 160 or whatever.. If the facts dictate something else at some point - perhaps sell at that point (like I did with FTEL) but DGIV has so many positives & no neg's in my opinion that that will be a looooooong time coming in my opinion. Lets say DGIV is at 24 and at that point - takes a 3 or 4 point dive and scares some people out because they own 10k or 30k or 80k shares or whatever - normally more than they have ever had of a stock. A technical "baby dive" like that when everything else is fine - is no reason to get out - but some chartists/tech anal. people can get duped. & they say to themselves - Ouch - 10k? That 4 pt drop cost me 40k Thats a few lunches at Burger King. Ouch. They had $200,000 on the line - owning 10,000 shares at 20 & wanted to keep it because they've never had that much before...& they get cold feet. But just on paper -- then - they get whipsawed - never get back in - & bye bye millionaire & the thing goes to 100 (a cool mill) and beyond.. So in summary - I hope that I am stupid enough to hold out to become a millionaire :-) ha! Right now FMV for the stock is 11 in my book (based on 50 PE per Liberty) -- unless the financials due out in a few weeks go above and beyond that....which might be the case :-) Who knows?... I can only intuit.