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 : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (6934)	6/1/1999 1:39:00 PM
From: Steeliejim	Read Replies (2) \| Respond to of 118717

Tae Kim/Dale: Good morning/afternoon/evening all. VMIX is up this AM on good vol. Is this another fake out, or are people waking up to it finally? It had another distribution agreement announcement on Fri. which was met with another yawn. The price went up but on low vol. For now, I'm keeping my powder dry, but watching and willing. It certainly does seem to have established a floor around 22. With the market so weak, people might finally be giving some established cos. with earning some attention. Virtually everything else I'm watching is down or weak. A lot of angst on the NITE board over alleged MM manipulation. The theory is that the price is being held down so that the takeover price by (pick almost anyone) will be cheaper. MOO is that there is so much uncertainty re. online trading and NITE's future role as the traditional brokers jump on board that a lot of people are waiting to see what happens. A little OT, but not much: I just saw a great movie on the telly--"Executive Suite (1953)" with William Holden. A board room power struggle between the bean counters and innovators. A lot of it is still true today, including my company. Oh yeah. DIR. I did see it and get in. Except--I was patting myself on the back for making a quick 2 pts on it as it was streaking another 10 before settling back. Cluck, cluck. Of course, Fri. was the one day I didn't look at SILK. I've been watching it go down waiting for a good entry. OOOPS. Jim PS: OT--Your comments on squid sent me into a little free association. Squid/calamari/abalone. The best fried calamari on the face of the earth are--or were--at Spenger's in Berkeley. We always stopped there after a day in the City or on our way back from SFO. They closed last year after 110 years. They'll be reopening this fall and the new exec. chef promises to remain true to tradition--including the calamari. Abalone--Camp at Salt Point, about 2 1/2 north of San Francisco. Dive in the am. Pound and slice the abalone thin and saute in butter, then reduce a sauce of teriyaki, sake and lemon. Or, steam whole in foil over hot coals with butter, wine, shallots, and lemon accompanied by the music of pounding surf and a sun setting over some of the most glorious coastline on earth. A meal that can't be beat at any price.

To: Dale Baker who wrote (6934)	6/1/1999 2:52:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 118717

Just took big loss on BKS and switched half to BNBN. Eventual recovery there. But sometimes you just get sick of holding a stock. The pure internet play might be better and move faster. More BEBE and COMS. Conserving some cash but looking for bargains here. The drug stocks I like because they are beaten down, foreign markets improving, older populations and great earners longterm. Also PFE splits soon which should help. I consider them relatively safe with a pretty good eventual upside. The CBSI crash today might provide for opportunities in the IT service companies in coming days. Not buying yet though.