To: CPAMarty who wrote (4437 ) 12/19/1998 8:22:00 PM From: NasdaqStud Respond to
Stitch - great posts on lessons learned. I just thought that I would add, after reading the various posts here, that I am amazed that once again, the analysts or penguins on Wall Street once again got it all wrong. I have friends at various Boston based institutions (both mutual and hedge) who spoke with folks at various banks during the long summer months, and all, including Munson at MSCO were grossly bearish on RDRT and ALL believed that RDRT would not see 10+ per share for years. And, I often argued with those bears on this board who too were zero value added and merely proclaimed the demise of RDRT. Folks, we are here to make money, not to love or hate any company. As I argued here earlier, one must evaluate risk/reward. This is simply all that matters. Anybody who ventured into the semis, disk drives, etc. have all achieved 100%+ returns on investment over the past 3 months. I hope that those with foresight profited handsomely from the opportunity created by the WDC/IBM hype. At any rate, I too wish everybody here a happy and prosperous new year.
