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.
Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pettee who wrote (6372)6/25/1998 3:54:00 PM
From: James Harold Alton  Respond to of 19331
 
Ed, I think that you are making too much of a generalization. True as a rule BB stocks as a whole are more risky, however there are plenty of stocks on the NYSE or Large cap Nasdaq that I would consider much more risky than DCTC. The risk IMO is defined by the individual company, the management and the ability of the company to make progress towards it's goals over time, not by the place the stock is listed. Yes, it is risky playing only one stock..any stock for that matter. But when the risk/reward ratio is slanted enough in ones favor, the exposure can be worth it IMO.

James



To: Ed Pettee who wrote (6372)6/25/1998 4:08:00 PM
From: Art Vandelay  Read Replies (1) | Respond to of 19331
 
Ed,

Point well taken. What is currently in my brokerage account is money that I could afford to lose. (it is not money that I need to pay the mortgage or for food) Like I said having all of my portfolio in DCTC goes against everything I know in investing(I have only been investing for 6 years, but have an undergrad in Finance and am pursuing an MBA in Finance), and will be a very expensive lesson if something bad happens. But I am only 28 years old and have plenty of investing years ahead of me to learn from my experiences just like I learned from my awful BNGO experience where I bought in at around 8 and sold at around 4 1/2. What I learned from BNGO is that you even if the company seems sound you should take a real close look at the management, if possible, before investing. In the case of DCTC I have trust in Mr. Murphy and if I turn out to be wrong then I will learn from that.

OK I will shut up now. I just wanted you to know that I am not investing in DCTC with my eyes closed and have "bet" my portfolio on its success, and I am well aware of the possible downside of having all of my eggs in one basket.

AV