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.

Technology Stocks : SkyMall (SKYM) -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (112)	12/25/1998 6:25:00 PM
From: Cynic 2005	Respond to of 987

Given the bear I am on overall market and internuts in particular, I still went long on SKYM. My reasons: 1. A highly (literally) visible brand name in the sky. 2. Even I got tempted to buy some stuff from them. 3. Significant insider accumulation: biz.yahoo.com 4. A decent PE of 12 (when I bought it.) 5. Book value of $1.3, growing sales, entry in to e-commerce 6. Thin float. 7. Potential hedge against the possibility of this insanity extending further in to the new year (of course, to protect my short positions.) 8. Hope (greed) that it will catch the internet fever. Notice my order of priority. PS, I currently have a significant (relative to the size of trades I make) stake in this company.