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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: DanZ who wrote (14404)5/25/1998 9:44:00 PM
From: Sam Ferguson  Read Replies (2) | Respond to of 53068
 
Dan the fundamentals are on each end of the spectrum since they are an emerging technology and will probably have a loss the next quarter or two. Their technology is a razor blade type income from royalties with other companies promoting and coming up with gadgets to make new markets. Now that they are in the first steps of production should build tremendously next few years. I bought and sold 1000 about a couple of weeks ago and cleared over a buck a share in about 10 days. I saw it seemed to be basing and could drop back until next quarter and figure would buy back. I still hold 1200 and watch it closely.

Their technology was really what I am trying to find out about. I have pulled a lot of my portfolio and not reinvesting much. This market has not made any sense to me lately. Its more like a pyramid club. With so much of our wealth in stocks if something triggers a sell-off peoples retirements may fall by the wayside. All you have from your broker is a prommisory notes and you saw what happened in Japan and theirs wasn't in only stocks. Guess Darth has finally convinced me the bear is sneaking in the back door.