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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?


To: Philip Ng who wrote (1509)4/27/1999 1:48:00 PM
From: WW.com  Respond to of 2004
 
Sell your 200 shares. It would be for the best.



To: Philip Ng who wrote (1509)4/27/1999 7:39:00 PM
From: shubh saumya  Read Replies (1) | Respond to of 2004
 
Philip

While I was equally discouraged as you over Mr. Eichorn's soft pedalling on the revenue question, I take heart in the growth of new merchants using Transact.

Given that there exist many other "high fliers" now, the "whatever works now" investors really couldn't care less over the possible value of OMKT.

This reminds me of a couple years ago, when ADSL was in its infancy. I was long a lot of Amati (AMTX), & some Aware (AWRE). These stocks were around the prices OMKT is today, and similar pessimism was all pervasive. There were also believers who felt that in due course the market will figure out what we thought we knew.

Well, Amati was bought by TI leading me to double my investment, & Aware has done very very well (nearly 6 fold since then). So ... I figure patience may reward me again.

So, I will hold on my few thousand shares (for now). & will keep my fingers crossed.

Cheers.

Shubh