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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!! -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (1958)5/24/1998 7:26:00 PM
From: Orwell  Read Replies (1) | Respond to of 3194
 
<<There was three times daily average volume traded on a quiet day. No doubt supporting institutions were absent. Tuesday and Wednesday will be importan>>

If one is in ODIS as a long term burgenoning technology play, then nothing to worry about. On a Friday before a long weekend anything can happen. Nevertheless, people are making money buying and selling this one. If one is in ODIS for short term, then time to double up here as the next move will be up. Holiday refreshed buyers will be back in on Tuesday.

O.



To: ahhaha who wrote (1958)5/24/1998 10:46:00 PM
From: hasbeen101  Read Replies (2) | Respond to of 3194
 
If there are any venture capitalists still around, they wouldn't sell now unless the company is perceived to be headed for complete bust. In that case you'd want to sell. So if you're right, you should sell.

To be a successful venture capitalist, you should never hold a position forever. You have to sell sometime. Maybe some of the early investors got their stock for 10 cents a share. If so, they might be happy to cash in their chips right now.

The next quarterly announcement will clarify things.

I think some people might be spooked because of Versant's terrible result last quarter.

Actually you should never sell because you don't hold the shares for purposes of capital gains.

I sure think I hold the stock for capital gains. But I am a long-term investor. I think this company will provide at least a ten-fold return, but I don't know how soon. If it takes 7 years I will still be pretty happy. Actually I think there is as much chance that the company will outperform this target as there is that it will underperform it.

If I wanted to trade stocks, I would play with Amazon, AOL etc.



To: ahhaha who wrote (1958)5/26/1998 11:30:00 AM
From: Mark Finger  Read Replies (1) | Respond to of 3194
 
>>Good grades don't guarantee success. Gates dropped out.

Actually, the primary reason Gates dropped out was because he was so busy making money that he did not have time for school. I do not remember seeing what his grades were, but I seem to remember that they were adequate through his first three semesters. They may have slid his last semester when he spent so much time on BASIC.

One other problem is that grades may be irrelevant to genius level people. They often are simply not stimulated by some of the subjects at hand, and so their grades will suffer. This is not because they can't do the work or don't know the material; they just are not interested in performing on the tests. I have seen this a number of times with people I knew. Remember that Gates got a perfect score on the SAT math section (an 800). In those days there were only a handful of people who would achieve this each year (before they renormed the tests a few years ago to give 800's for less than perfect tests).