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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Glenn who wrote (18009)3/17/1999 12:29:00 PM
From: Mr. Big  Read Replies (1) | Respond to of 90042
 
PWCC fair value based on 1.2 million FLAS shares is around $18 not including other current Internet investments. low float. CMGI and WCAP are competitors...

IMHO,

BIG



To: Glenn who wrote (18009)3/17/1999 12:43:00 PM
From: Trevor Quest  Read Replies (3) | Respond to of 90042
 
Thread: Hi, I have been off-line the past two weeks but for anyone thinking of leaving their job to trade full time, I thought I would share a quick story.

I just left my job at an investment bank in London. When I told them I was going to leave and trade on my own they laughed. When I told them I was going to trade from Santa Fe, NM, they laughed even harder. For a week they tried to put the fear of god into me saying things like "Why are you going to throw away your MBA?" and "What if we paid you 400K to stay next year?" They even went way off sides and hinted that such a change could put a strain on my marriage.

The point they missed; you cant buy happiness and quality of life. I just spent the last week skiing and snowmobling in the Rockies.

The other point they missed, instead of using my MBA to make money for them, I am now using it to make money for myself. Sure I gave up a guaranted 400K but I just made a nice chunk of that in the past three days. I have been long GNET from the 40's and I have been long FRO from about three weeks ago, playing the takeover. I actually posted my thoughts on FRO on that thread and PM Tim Luke with the pick a few weeks back.

Even if these picks did not hit, waking up at 6AM to the fire red sky is worth more then $$$. I can honestly say I feel like the luckiest guy in the world that I can trade on my own, doing something I love from, IMO, one of the most beautiful spots in the world.

It was not easy to leave the "Sure thing" but now that I have done it my only question is what took me so long?

Good luck to all - TQ