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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (131152)6/4/1999 6:58:00 PM
From: David E. Taylor  Respond to of 176387
 
Chuzzlewit:

I wouldn't waste my time (right now) trying to model a VISX. $150 million market cap, only 2 million shares outstanding, average daily volume 1.5 million, of course it gaps up and moves big time on significant news. But DELL ain't no VISX, and DELL trading 10 times normal volume is not something you see that often.

But your points are constructive and well taken, even if they don't deter me from continuing with my new hobby.

Have a good weekend.

David T.



To: Chuzzlewit who wrote (131152)6/4/1999 7:17:00 PM
From: Devil's Advocate  Read Replies (1) | Respond to of 176387
 
TA, fundamental analysis, predictive models, ... I wouldn't pay for any of these because no method can predict the market and assure that you consistently beat the indexes. If not mistaken 90% of all US mutual funds performed under the SP500 last year. Over a 10 year period, 75% of all mutual funds are underperforming the SP500. So, why pay for management of any kind.

My take is BUY, HOLD and DIVERSIFY. Don't pay for broker's advices or any financial analyst (sorry about this. I know you are one). A chimp throwing darts on a list of stocks will build you a portfolio as good as any analyst with a big salary that you are paying for nothing.

That doesn't mean I'm not enjoying reading your posts, Chuzzlewit. ;-)