SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Nimbus CD International -- Ignore unavailable to you. Want to Upgrade?


To: PHarris who wrote (1642)6/17/1998 1:30:00 PM
From: Alan Edgett  Read Replies (2) | Respond to of 1673
 
Sorry to all nimbus longs...not a pretty way to end this story:-( How ironic, some say it's good to only own when management does (incentive), yet here is a case where it couldn't possibly have worked out worse. Wrong "incentive", I guess. On the bright side, if "management" and LP's are HAPPY with $11.50 then there wasn't much hope for the stock getting any higher on its own as they surely would have sold into news (such as it came). So, y'all should be glad it didn't "drift downward" over the next year...at least now you can move your money into something that is performing...'y'all should have bought Nasdaq futures, i hear they're doing quite well this time of year! Happy hunting...

edge