Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?

To: dharampal luthra who wrote (3363)	8/11/1998 12:09:00 PM
From: Bill Fortune III	Read Replies (4) \| Respond to of 15313

WHAT DO DOWN DAYS MEAN: An example on Yahoo from just before the first of the year: IT IS THE CONCEPT THAT IS IMPORTANT! I am not trying to say FNTN is a Yahoo Rather point out that down days are part of the game. Date Closing Closed Percent 12/8/97 59.625 Up 6.12% 12/5/97 56.188 Up 4.41% 12/4/97 53.813 Down -0.12% 12/3/97 53.875 Up 1.65% 12/2/97 53.000 Down -1.85% 12/1/97 54.000 Up 5.62% 11/28/97 51.125 Up 0.49% 11/26/97 50.875 Up 0.12% 11/25/97 50.813 Up 4.77% 11/24/97 48.500 Down -8.27% 11/21/97 52.875 Down -1.40% 11/20/97 53.625 Up 5.93% 11/19/97 50.625 Down -2.17% 11/18/97 51.750 Down -0.48% 11/17/97 52.000 Up 8.62% 11/14/97 47.875 Up 4.79% 11/13/97 45.688 Up 5.03% 11/12/97 43.500 Down -5.43% 11/11/97 46.000 Down -5.40% 11/10/97 48.625 Down -1.77% 11/7/97 49.500 Down -6.16% 11/6/97 52.750 Down -1.63% 11/5/97 53.625 Based on the above 22 trading days, just think of all those investors who sold Yahoo because it was down 11 of the 22 times or 50% of the time in the example above. Today Yahoo is selling at about $92 and if adjusted for the most recent stock split the number would be $184.00. I am sure there are a lot of people kicking themselves for thing Yahoo was in trouble. A question to all of us, Is the glass half full or half empty? I say half full! Is it a buying or selling opportunity? In my opinion it is a buying opportunity. Regards, Bill Fortune III