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.

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

To: Rande Is who wrote (6122)	5/1/1999 10:44:00 AM
From: BamaReb	Read Replies (1) \| Respond to of 57584

Rande, Discovered this thread last week when you posted on the TPEG thread. I like appreciate your insight and the civility here. I am usually not one to post picks, but I have a winner if anyone is interested. A company called Fairfield Communities (FFD) listed on the NYSE is a VOI that sells timeshares. They currently have over 20 properties and over 350 million in receivables. It trades 7X earnings with a growth rate of over 20%. Heres the kicker. It is being courted by several suiters. My extensive DD tells me the likelyhood of it being scooped by Marriot within the next 30 days is VERY good. It books at about 20 so the potential for 100 % is there IMO. Check it out. Regards.....BamaReb

To: Rande Is who wrote (6122)	5/1/1999 11:29:00 AM
From: Baton	Read Replies (1) \| Respond to of 57584

Rande: Thanks again for your work on, and the good spirit of this thread. I believe it is quite unique. I think my situation and your response would be of interest to many of the less experienced investors on this thread. I have been incredibly lucky in my investments over the last three months, including a run of bad OTC BB stocks. I'm smart enough to know that luck is temporary and I need to nourish some skills and guidelines. I've just added Level 2 to my Web St. account ($79 mo- seems like it would pay for itself in one well-informed trade). I have read several books (most recently "Trading online" by Patel and "Elec. Day Trading" by Nassar). They are somewhat helpful and I would welcome any other suggestions from you and anyone else. I try to keep a long term (that seems to be 2-6 months for me) and a short term ( 1 day to 2 week momentum or swing trades)outlook with my investments. Although I work full time, I've managed to arrange my schedule to be free to trade the first and last hour of the market as well as a couple checks during the day. In fast moving stocks, I always place my sell and limit orders before leaving the computer. This has become a passionate hobby, admittedly somewhat intoxicating, but extremely enjoyable. I think it would be a realistic goal to work another 4-5 years (age 48 now) and then trade full-time. Since I expect to be working with a much larger trading balance by then, I know that I will need as much skill and experience as possible. Do you have suggestions for people like me that would like to learn more? Are there other threads or websites that you respect and value? Books? Classes or seminars? Hopefully there will be others that benefit from yours, William's and the more experienced posters on this thread. By the way and OT, I was delighted to see your connection to music. Did I read that you play trumpet? I am a pianist and conductor of a community orchestra (don't hold that against me!) Please respond at your leisure. Have a great weekend! Thanks again. Baton