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


To: Tae Spam Kim who wrote (6768)5/14/1999 5:22:00 AM
From: ynot  Respond to of 57584
 
Yes, it was recommended by someone I respect very much.
WIthout the 'guidance' of this person my short time at SI would have been very problematic...so I agree with you... ynot :)



To: Tae Spam Kim who wrote (6768)5/14/1999 9:00:00 AM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
Tae, we are glad you are here as well and thanks. . . .

I took some criticism on PCNTF, but as I recall. . . shortly after I watched it fall from 70's to about 40, I posted my views, based on several groups of short-sellers I discovered. . .my warning fell on more deaf ears than I thought it would. . .but the price likewise kept falling right into the twenties and as I recall, it was several weeks before it started on an upward course.

By that time, I had lost interest and never posted a follow up on whether the short-sellers had covered or where it was going from there. Nobody on HOME thread was following.

I do still believe that it is more hot air than substance. . .and that it is NOT the At Home or AOL of Asia [ATHM and AOL are]. . .but more like a WSTL or DMIC are in their respective emerging telecom technology. . . promising competitors with some good potential and a few good connections, but lots of competition in a fast moving technology with slow moving bureaucracy holding up progress.

Only thing that I have liked was that PCNTF is mostly owned by the government. . .that can sure come in handy. But right now I am bearish on ANYTHING that is internet related. . .and for the past few weeks, that has proven to be the right place to be. . . my "core group" of internet stocks are regularly seeing lower highs and lower lows, since we switched out of internets in favor of broadband related.

I call them as I see them with no holds barred. That has come to be expected by everyone here. The day I pull a punch for one reason or another. Three quarters of the readers of this thread will vanish.

Funniest part about it is that there are even MORE people out there that WANT to hear what they want to hear about their baby stock. And if you feed them the bull, they will stay and shoot it with you. . .and the hype will keep growing until it takes on a life of its own. . . and the stock will begin trading accordingly.

But here is a quote, I used to tell sales staffs [a lifetime ago]. "Never believe your own hype." In other words, if you go around pumping up one thing or another so that it is seen as being larger than it is. . . be careful not to start believing it yourself and buying in or you will be left holding one of the bags. MLM groups thrive on believing their own hype. Likewise, some threads and groups and PR firms and corporations exist on a similar level.

And you will never hear me saying, "Believe what I tell you because I am honest." I tell my wife's girls that whenever they hear a guy say those words. . . RUN away quickly and never look back. There are other [even more popular] threads here on SI that continually claim their "honesty". . . but suffice it to say this:

One of the most dishonest things one can do, is 'sell' another person on their honesty, then convince them to follow them blindly.

Rande Is