SI
SI
discoversearch

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 : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: rascalbythesea who wrote (13592)5/20/1999 9:49:00 AM
From: WebDrone  Read Replies (1) | Respond to of 42804
 
Careful Benny, or you will turn in to the thread Eddy Blinker!

Upticked is Upticked.It's a bullish post commending recent SI posts. (Doh!)

It sounds like you want to SELL $10 PUTS.

Web



To: rascalbythesea who wrote (13592)5/20/1999 2:07:00 PM
From: Sector Investor  Read Replies (2) | Respond to of 42804
 
<<As you can see, many of the few posters on the Fool board think our good posters on SI are into hype. Too bad they can't see it as fact backed up by links, rather than from the stars or cards or whatever those pseudo analysts are drawing their negative conclusions from.>>

Everyone should be aware by now that my perspective is LONG TERM. Oh, I'll use the short term input and cycles to trade like many others, but my PRIMARY objective is discussing/verifying items that affect their long term prospects.

These things take many months to play out. A new product can be in development 12-18 months, in beta another 3-6, before substantial revenue flows. It helps to get an idea on how that product might be received in the market place.

As long as I feel that those prospects look good, that management is working to turn them into reality, then I am not worried by short term happenings.

If you build up this kind of in-depth knowledge that we are starting to reach on this thread, even the drop from $18 to $6 (gulp) last August could be viewed as an "opportunity", rather than a reason to jump from the 30th floor..

I say this knowing MANY people here (including myself) got hurt badly by that drop. And many of those refused to "throw good money after bad", so they still have averages in the $20s.

But, having viewed the fall as an opportunity, I increased my holdings by 150% when we were at the $5-$6 level, which (with trading activity as well) lowered my break-even point to under $9 - and I took some losses and waited my 31 days as well on my taxable accounts.

I plan on holding indefinitely (years) as long as I still feel comfortable. About mid $20 or so though, I will lightenup a bit and look for another unpolished gem that the market has thrown away.