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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Daniel W. Koehler who wrote (44800)	4/18/1998 12:28:00 AM
From: Greg Cassinerio	Read Replies (3) \| Respond to of 61433

Daniel, I am a long time lurker but have decided to come out of my shell based on recent excitement regarding DGIV. W/O the stock contest I would have never heard of DGIV. I am long ASND and have watched the thread continuously since last July, but haven't posted till today. The first qtr stock contest was fascinating to watch and I believe there can be some real gems uncovered to this forum if one takes the time to look into the stocks selected for the contest as long as one considers the source of the pick. Why should the stock picking contest exclude BB stocks? DGIV has been my first step into the pink sheets but an investment is an investment as long as one factors in the risk. Obviously in a contest where there are no monetary consequences there may be a tendency toward high risk, high return stocks. Perhaps that's what your alluding to. Hey, when no money is involved what's the downside...finishing the contest in last place. Not the end of the world. However, I see this as an opportunity to analyze the longshot picks of various posters on this thread; some of which I have great respect for. What is the harm in that?

To: Daniel W. Koehler who wrote (44800)	4/18/1998 4:01:00 AM
From: Sowbug	Read Replies (2) \| Respond to of 61433

To the thread: Perhaps we should give some thought to excluding penny stocks from the contest in the future. Point well taken, Daniel. I didn't participate in the first contest. In retrospect, the picks there <http://www.geocities.com/WallStreet/Exchange/1642/change.htm> seem to be more institutional-level quality than the current crop. If memory serves, the question originally asked was more of a "ok, wise guy, name which stock in your portfolio will do better than ASND" than a "pick a stock, any stock, that's going to have outstanding gains in the next three months" kind of premise. There's a big difference between the two, because the former represents stocks you'd actually pick for risking your own hard-earned money. I understand that your point isn't that people are getting an unfair advantage from picking penny stocks, but rather that the contest is less relevant to real world investing. Still, among the current top ten, there are very real companies that many of us actually hold (Manly, for example, got out of SEEK for real on Thursday). Most of the top ten stocks have benefited from the recent Internet insanity, but who knows where they'll be in two months. So for now, let's wait and see, because it may very well turn out that large-cap, widely held stocks will lead by summer, especially if there's any sort of market-wide correction. Still, I'd support a bright-line rule, like $5 or greater, or bigger than micro-cap or nano-cap, for the Q3 contest. The reason I'd support it is that it might lend some marginally educational value to the contest. Comments, anyone? P.S. I'm one of the last two or three people on Earth who hand-codes HTML for web pages. The title type style is straight Word 97 with a little tweaking in Photoshop... on... the... MACINTOSH! I rejiggered the Java app to generate a pure HTML table on my machine at home and simply upload the page to the web site, so now there's no need for people to have Java-capable browsers to see the standings.