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 : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (10836)	5/18/1998 9:06:00 PM
From: Robert Graham	Read Replies (1) \| Respond to of 14631

I try not to be too negative, after all I am positive on the long term future of Informix. It is just that I can be critical when I am an "outsider" evaluating the evidence that is presented to me by a company. I may be overly critical, and even negative due to this stance. But this posture has kept me from trouble. I look not for what is right, but what is wrong. After I decide that what I find wrong is still workable, then I look for what is right. Informix is where I made my mistake when I did not act on what I was seeing develop before the facts came out and the stock dropped. Toward the end it became very apparent to me that trouble was on the horizon. So what did I do?? Nothing! I still find it difficult to believe what I did not do. So this time I have not paid attention to what I was seeing in this critical frame of mind, I was burned. I am long with an investment of over 1,000 shares purchased at a cost basis of 19. I am attempting to purchase insurance by writing deep in the money CALLs. If I was through with this stock, I would be selling instead. This thought did occur to me due to what I see as the near future of Informix. However, if I can hedge my entire position, I will keep the stock. Bob Graham