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.

Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?

To: chaz who wrote (6821)	5/20/1999 10:16:00 PM
From: wolfdog2	Read Replies (1) \| Respond to of 7111

OT Chaz, if I recall correctly, and I do, last year you thought RADA was the greatest thing since sliced bread. To me that should give you pause about how easy it is to pick great winners. I don't fault you for having loved RADAF, but for your over confidence. It ain't as easy as you think to pick great winners year in and year out.

To: chaz who wrote (6821)	5/23/1999 11:07:00 PM
From: Jay Tice	Read Replies (3) \| Respond to of 7111

Chaz, I have never doubted your math here. Nor do I deny that it is possible to turn 50% for 20 years. It is also possible to win 19 mil in the Powerball lottery on Wedensday. I would say that the odds of doing either are about the same. The problem with your strategy is that you are always letting the pot ride on one issue and sooner or later in that 20 years you will get blind sided by bad news. Consider this, let's say you get nailed on one of your choices at some point and take a loss of 50%. Now you have to do 200% for the rest of that year just to get back to your 50% annual target. Your projections leave no room for error. Hey Chaz, I hope you do it, but I really think you are off in La La Land here. Good Luck. Jay