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


To: ahhaha who wrote (1981)5/28/1998 4:27:00 AM
From: hasbeen101  Read Replies (3) | Respond to of 3194
 
If I can just interject with a comment about Object Design, I just want to remind people that the current price drop really doesn't worry me too much. [ how is this relevant? I get the feeling that maybe you think we shareholders have all been duped ]

My view on this company is based on a timeframe of 7 to 10 years. If those years turn out like the last two, you're right: we bought a lemon. But my belief is still that, in 7 years time, the current fluctuations would be so small relative to the total appreciation in value over that time, that they would not even be perceptible on the graph.

You're a momentum investor, so you think it's bad when a company's stock price goes down. I'm a value investor, so I think it's good. To be frank, I would LOVE it if the price went down to $1 so I could really grab a bargain.

In the meantime, I guess we can amuse ourselves with debates about Bill Gates and Woz....



To: ahhaha who wrote (1981)5/28/1998 10:09:00 AM
From: Sea Otter  Respond to of 3194
 
Off Topic: (Ahhaha and I continue our little war).

Hmmm, well I hardly know where to begin.

> first background screen is CompSci ..
- No, I'm sorry, but that is simply not the
case. I've hired a lot of people, and been in a lot of
interviews, and *many* of the winners are
non compsci grads. For instance, I've got a Russian working
for me with a background in music and literature,
who is absolutely brilliant. And I've seen this
same thing many other places. So I base my statements
on years of interviews, hiring, and a wide knowledge
of practices in other firms. What do you base your
statements on? One bad interview someplace? At
a bloated big firm with a clueless HR person, perhaps?

Also, showing working code is *always* a winner
in any interview I've been involved. People are
looking for talent and brains, and just listing a programming
language on a resume is not talent and brains.

> end up doing whatever is dictated by team leader,
> these are people skills.

- You've made my point. You clearly don't
understand people skills. Have you ever lead a
group or organization? No, I'm certain you
never have. Right? I suggest you do this
for a few years and thus establish your credentials
to have an opinion.

> paid to produce junk ...
- As in any profession or business, there are quality producers
and junk producers. Surely you know this. To say that *all*
is junk is quite a sweeping generalization.

In my firm, if we produced junk we'd be thrown out pronto.
Our software goes directly into financial realtime systems,
and they don't tolerate junk.

> most startups are busts, badly conceived.
- Of course! Everyone knows this. You are not telling
us anything new. I've done 2 startups. 1
success and 1 failure. From this I learned a
tremendous amount, NOT about technology, but about life.
How to identify a market, how to scope it, how to build
a quality team, how to make them sing together, how to
grow and prosper. So this is my claim
to expertise. Now to you. Have you done anything
remotely similar? What makes you an expert?
How many startups have you done? Or, are you
the kind who never does, only criticizes from afar?
I bet the later. Therefore, if you haven't actually
done it, then you are not qualified. Reading books
and business plans does not count - anyone can do that.

> nothing but good times, greatest times in history
Again, you are not telling me anything new. Everyone
knows this, I most certainly do. Anyone with
a minimal historical memory understands
how fat these times are and that nothing lasts
forever. So what? We were talking about programming
and social/business skills, remember?

Sea Otter