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

To: hasbeen101 who wrote (1982)	5/28/1998 10:20:00 AM
From: Sea Otter	Read Replies (1) \| Respond to of 3194

Sorry Damien I just couldn't let those erroneous remarks pass by unchallenged. I shall now return to being a good board citizen, confining myself to ODIS. I still think ODIS is strong longterm, but it is equally clear that we're a dog at the moment. I continue in the patient holder category. I'm seeing more competition out there, which worries me a bit. In particular, Poet is coming on strong as of late. Their new release is pretty good and has some advantages over ObjectStore. Sea Otter

To: hasbeen101 who wrote (1982)	5/28/1998 9:06:00 PM
From: Orwell	Respond to of 3194

Given what's happening in the development environement these days, a case can always be made for ODIS. As such, there's bound to be big run-ups in ODIS now and again as the big players who've bought low upgrade and present their case to the newcomers. O.

To: hasbeen101 who wrote (1982)	5/29/1998 12:42:00 PM
From: ahhaha	Respond to of 3194

I'm not a momentum investor. The term can't even be defined. There is no effective decision method of price averaging that will work because price does not predict price. Price carries no information about future price. Price is only one of a set of variables that characterizes the stochastic state of the market. I have endlessly challenged the denizens of SI threads to ask me what I mean by an effective decision procedure to determine when a stock is coming out of a base. No one has picked up the challenge. It happens to be the most important question to answer after one has done fundamental due diligence on a company random walking in a base. People have other things to worry about like changing their criteria about holding a stock. Six months ago you laid out such criteria and as ODIS has failed them one by one, you have changed the criteria because you are married to this stock. You are not objective about it like I stated in a previous post, so don't make comments to the contrary. Just accept the fact that you hold this issue for reasons other than capital gains, but don't deceive yourself. That kind of deception is disaster in this business and is being practiced by 90% of SI. The $1 comment you made indicates a failure to grasp the rising problems ODIS faces. When stocks break down to sub $5 dollar levels, 80% of the time they're headed out of business. I must say this 100 times /yr, but you don't buy things that are going down. That's why I have emphasized the importance above of determining when they are going up and that isn't a matter of average delta price/delta time. When ODIS held 5 1/4 several months ago I said it looks like we a have a bottom in place and the beginning of base building. I also said that in coming months we don't want to see a violation of 5 1/4, actually 5 5/16. The other day it broke to 4 3/4 as the completion of a volume sell-off. That negates the conviction that a base is in place and implies 2Q is another loss. Insiders have sold when the institutional whisper circuit got inside information. The point is we got nothin' but hope. The difference between your situation and mine is I've got two cents in this dog, so I don't care what it does. You want to throw good money after bad and buy more at lower prices. I can't tell you how dumb that is even if we were at the beginning of a bull market. You've been living too long under socialism. You're judgement has been distorted. Hope is the enemy of holding in a bear market.