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.

Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: SnowShredder who wrote (5556)	9/1/1998 1:11:00 PM
From: Rocketman	Read Replies (1) \| Respond to of 9719

Just to get to the 50% maint point which we have to be above to buy at, we would have to sell $46K in stocks, which is about 36% of the model, then we would have to sell even more to get some buying power (say 50% of the model = $63K in stocks to get $17K in buy power). I don't think we should, I think we should ride it out. I think that we've mostly approached this with a long term perspective and that the fundamental long term prospects of the companies in the model haven't changed. I'm just not ready to join the panic in the masses. I just don't stampede that easily. If everyone in the world tanks, the least of my worries is this paper model. And, the reality is that most biotechs don't need Asia or Russia or the third world as customers. Plus, nothing will create more sick people than the markets really tanking, which creates demand for medicines. Even in natural disasters, someone makes money, like undertakers. Besides, other than AVIR, we are up $3K so far today. Rman