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 : SIEB Siebert Financial Brokerage -- Ignore unavailable to you. Want to Upgrade?

To: TWICK who wrote (190)	3/30/1999 9:19:00 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 284

When I was a teenager, we played a little "game" where a live fire cracker (more like a mini-grenade) was thrown at you. You showed how "brave" you were by catching it and holding it as long as you dared (often only a second or two) and pass it on to the next person before you lost your fingers. I suggest that you treat this stock in the same manner, whether you are long or short. regards, Sun Tzu P.S. I am short 2000 shares with average cost in mid 50s.

To: TWICK who wrote (190)	3/31/1999 6:23:00 PM
From: Randy Elder	Read Replies (1) \| Respond to of 284

Twick: I agree with Sun Tzu that fundamentals currently don't have much to do with SIEB's short term performance and I know that trying to play the short term movements in this stock (or any for that matter) is a zero (actually negative) sum game that I would likely end up on the losing end of. The way I am playing it is to hold a small enough position that I can ride out any conceivable short squeeze and wait for fundamentals to matter, at which time SIEB would probably be generously valued at $5. BTW, one piece of information that I found interesting in the 10-K was that it appears there are now more than 2 million shares not owned by Muriel Siebert. Happy Trading and Good Luck