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 : Curious George - Myth or Legend - Help Needed -- Ignore unavailable to you. Want to Upgrade?

To: george harriman who wrote (38)	5/17/1998 2:10:00 PM
From: Area51	Respond to of 60

I've had similar experiences buying stocks that are down significantly down from their highs (I remember thinking that SHVA looked cheap at 18 after coming down from the seventies; ouch! I guess that's why they say don't try to catch a falling knife). Still I like buying stocks at reasonable price/sales ratios, and reasonable PE relative to their growth rates and relative to other firms in their industry, and don't have the follow the herd mentality so I like to find good companies that are (temporarily I hope) in disfavor. CS at least looks to have put in a possible bottom, and seemed to have good support around 13, even before their recent news announcements. I've been accumulating recently, because I liked their recent news announcements, and I'm guessing that Craig Benson would have wanted to keep Don Reed around so that he could deflect some of the blame if he thought that CS was going to continue to disappoint. Analyst sentiment, and sentiment on the chat threads seems to be turning decidedly positive. They are also in the S&P 500 so I think when/if it starts going back up all the index funds will have to buy more. This is a little speculative because there's no solid evidence that the turnaround is in place yet, but the risk/reward ratio seems large, given that they have no debt, and an established customer base that is willing to pay a premium for quality products. JeffB on the yahoo thread had a list of 10 reasons for buying that made sense to me (including the potential for industry consolidation due to possible buyouts). regarding fighting: I noticed that TLC may have made some veal threats and chicken assaults toward your character. But i think TLC is okay, that he is mostly into using parody for entertainment purposes but also makes some good points occasionally. One person once attacked me but I let it slide off like water off a duck's back. I think we should try and enjoy the many positives here, and ignore the few negatives. I find SI much more civil than yahoo in general, although many of the lesser followed threads on yahoo (including CS) are civil. It seems the real attention needing people tend to post to the most popular threads where they can get the most attention.

To: george harriman who wrote (38)	5/31/1998 2:04:00 AM
From: Michael Sphar	Read Replies (1) \| Respond to of 60

Hi George, I hope you come back. I think there are some people here really trying to help you. First a couple of questions: How old are you ? Do you have your own computer, how do you access this web site ? How long do you plan to keep this money of yours in the market ? Do you have any pressing needs that require you to have access to this money ? Like school or bills or parents who need financial help now ? From what little I've read about your broker, it sounds like he doesn't want you calling him. Since you've mentioned that you know where Schwab offices are you might consider transferring your account over to Schwab. They don't give advice either but you can always call and check on your account holdings, no problem with that. You could go to the Schwab branch and open an account, give them your existing account information and they will arrange to transfer the funds and stock in your existing account to your new account at Schwab. Schwab is not the cheapest broker, but they are very reputable. Your money would be safe there. You can learn to make your own decisions from the lessons the good people right here may teach you. Its free knowledge and there is an old saying that "you get what you pay for", but you will recognize wisdom when you see it and perhaps you will learn some things. At Schwab you can access your account either "on-line" or through their telephone "Telebroker" system or through a live person, a broker. They only take orders to buy or sell when you call, though. More later, I hope you can answer my questions so we can all get to know you better.