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.

Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (1370)	5/3/1998 8:00:00 AM
From: Mark Buczynski	Read Replies (1) \| Respond to of 9440

GA - MIDLP, Unclear....if they are definitely converted to 35 shares of MIDL in Oct.1998, why would they drop 2 points as depicted by Yahoo Quotes? I would think they would track the common pretty closely...Thanks Mark in MD

To: Ga Bard who wrote (1370)	5/3/1998 9:31:00 AM
From: Dusty	Read Replies (2) \| Respond to of 9440

GaBard, great logic on the day trade scenario. Especially the tax point. Short term capital gains at .28% plus commissions means one would lose close to 29 or 30 % just in commissions and taxes. So in the end what appeared to be a nice profit may not be after all. Me, I like the long term holds that can grow. But, for most investors this is not acceptable. If they don't see a double in just a few days or weeks at best they panic and sell off. In the real world companies do not establish "real" solid growth this fast. Yes, there are some that may "appear" to due to the hype and constant flood of worthless "news" releases, but they most often end up on the trash heap of "lessons well learned." I will take slow and steady every time... LOL Dusty :o)