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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (2750)2/3/1999 11:07:00 PM
From: ~digs  Respond to of 57584
 
Something related to online position trading in my PM's:

---------------
CEO was terrible this am on
CNBC Stock dropped fast as and after he talked. Not professional. Wished I'd seen
him prior.
---------------

Just one more bump in the road when conducting online investing Rande. You rarely get to actually meet the people you're investing in. This can be a hefty disadvantage in my opinion.

Sure the company has got a noteworthy business plan, but can they execute? It's tough
to say having not ever seen the mgmt talk about their product or service before. Online
position trading is at an increased risk due to this issue. There's something to be said
about the benefits of knowing what your CEO's personality is like.

For instance, if I heard about a great business plan over the web that was in the
process of being executed somewhere here in Minneapolis, you can bet I'd be inclined
to go down to their offices for further research. It only makes sense... you can hardly
know too much about your investments.

Of course none of this is related to scalping or momo. On the other hand, if you go down to the company and find out what kinda goons mgmt are, and if the stock price is inflated, it might be a potential short.



To: Rande Is who wrote (2750)2/3/1999 11:35:00 PM
From: Rock_nj  Read Replies (1) | Respond to of 57584
 
Rande Is,

Congrats on PRFM. I made a bundle on that one! :-) I sold all my shares on Monday. Looking for the next no brainer. SYBR looks good short-term.

Although Perfumania's CEO was not a glowing TV personality. I think Mark Haines wasn't very fair with him. He was questioning him like a suspect. Mark would never question a CEO of a major company in that manner. It seemed like Mark smelled blood and over-reacted. I actually felt sorry for the PRFM CEO. English is obviously not his first language and he was having trouble communicating his point of view in reponse to Mark's onslaught. Oh well.... Onto other things.



To: Rande Is who wrote (2750)2/3/1999 11:35:00 PM
From: ~digs  Read Replies (2) | Respond to of 57584
 
More thread mining: (Regarding techstocks and their mgmt)

<<<Re WCTI... with any company, in particular technology companies, it is hard to
determine which way technology will swing and how well a company will do.

I look long and hard at management because I feel management is the critical
determination of how well a company will react in face of stiff competition and how
quickly that company can turn on a dime in the fast paced world of the high tech.

Management is almost everything...That is not to say that the product, service, etc.
doesn't have to be good...but marketing skills, aggressiveness, and a shrewd and
decisive mind can make or break a company.

I have seen it happen over and over again. So rather than putting my money on the
cruncher...I am putting it on Lunt.>>>




To: Rande Is who wrote (2750)2/4/1999 2:13:00 AM
From: ~digs  Respond to of 57584
 
Rande, just discovered that one of your SAM picks is based here in the Twin Cities. I will be visiting, don't know when however. I'll ask for any questions you (or others) would like presented a few days in advance. It'll be great practice for me to visit with their mgmt. Who knows, maybe I'll end up with an internship. Don't expect a whole lot, my greatest strength right now is listening and observations... probably won't have much analytical stuff to offer.

By the way, I like the new header. For those who haven't seen it, click on the thread title above.