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


To: Sea Otter who wrote (1966)5/27/1998 12:55:00 AM
From: ahhaha  Respond to of 3194
 
When people ask me about what to do with new money, I tell them to keep it in a money market fund. The investment fund I run is 30% long and 70% cash. I hold some gold stocks, some communications stocks, and a leftover position in this dog. The golds stocks will be sold eventually because that kind of play is always a trade much like hardware plays. The others are structural positions that I won't sell. That includes ODIS. I would like to build a sizable position in ODIS when, as, and if, they can convert all these deals into top line.

On yeah, I never go short, use margin, buy derivatives. When you resort to any of those, you lose. Sooner or later. It's a sure thing. People should buy their own stocks and hold. It's ok to sell because there's always a prettier girl who just moved into the neighborhood. It isn't ok to sell a stock that is advancing to chase the whores.