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Technology Stocks : Xicor ? -- Ignore unavailable to you. Want to Upgrade?


To: steve olivier who wrote (2095)3/9/1999 11:28:00 PM
From: PAR  Read Replies (1) | Respond to of 2920
 
Steve,

why crucify yourself buying this piece of crap. I suggest you buy into strength if XICO ever shows any. I just wish that I had not averaged down ... what a dumb and costly mistake.



To: steve olivier who wrote (2095)3/9/1999 11:46:00 PM
From: jeffbas  Respond to of 2920
 
Steve, I agree with you and not "Par". By the time you conclude there is strength the stock is up 50%, and if you wait for validating news the stock could be double. This is a risk/reward game.

I have spoken with Mr. Gray enough to know that he isn't some rich CEO showing the flag. When he buys he is using money that means something to him and doesn't expect to lose it.

The key point here is the persistence of buying and that he is joined by others, not the amounts, as you point out. We already knew that things were getting gradually better, but not whether they would ever get better enough for the stock to be worth anything. I think we now have these insider guys view.