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: SemiBull who wrote (10917)	5/22/1998 1:23:00 PM
From: Rusty Johnson	Read Replies (1) \| Respond to of 14631

I'm with SemiBull . . . The chart proves we could use more devil's advocates. I think a few people missed the point of my Ratbert Index post. The phrase "in the sights of ... Oracle" alone should give one pause. This is a high risk turnaround play. This is not Coke or Gillette. It takes a cast iron stomach, brass balls and a sterling sense of humor to own this stock. What fun would a roller coaster be without ups and downs? (Of course I didn't expect the six month chart to look like an EKG.) I've given back over $12K in gains and I'm still having fun. My liver still works. My heart may fail if we keep this up though. I am getting defensive overall. I sold AMAT and CSCO yesterday only because I think they will be cheaper in a few months. I think Big Al is going to bump rates 0.25 to let a little air out of this bubble. And Asia is hurtin' for certain. It has to take a little out of earnings at some point. I can't blame anyone for selling especially after the latest restatement. But let me play devil's advocate. The contrarian in me is buying until I get 4,000 to 5,000 shares. For me the underlying story has not changed. Hopefully everyone at Ernst & Young will go back to hell where they came from. Still a member of the Bob F. Fan Club, Rusty (Long) Johnson Best of Luck (we need it)