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Re: advice for a newbie



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You are correct about them having to file when and if they sell.
I have always looked at a low priced (cheap) stock as an option which has no
expiration date
and ho theta (premium erosion due to time) gamma or vega so it is a lot
easier to
hold.
Sid.
-----Original Message-----
From: Robert W Cummings <robert.cummings@xxxxxxxxxxxxxxxx>
To: felixty@xxxxxxxxxxx <felixty@xxxxxxxxxxx>
Cc: Omega <omega-list@xxxxxxxxxx>
Date: Saturday, March 27, 1999 6:41 AM
Subject: Re: advice for a newbie


>Could be Felix and the fact after the stock has climb from $1.50 to $14.00
>due to anticipation of revenue from TS2000i's release. I hate to admit I
>miss this move and I shouldn't have because of Omega's non debt status and
>price of stock at $1.50 was a low risk bet, just hate buying cheap stocks.
>That's also why Omega is trying to get every penny they can from us.
>History bank etc because if they don't show the streets number for earnings
>stock will drop hard just like it went up. Bill Crews is calling everybody
>and doing what ever he can because he own's so much stock. I still think
>Crew's will sellout especially after seeing his stock go to $1.50. Omega is
>so small that if the Crews brothers try and sell stock as insiders after
>the holding period expires the stock will crumble. One drawback to going
>public is having your stock tradable and being under the earnings
>microscope. I have no worries about the patch because Crew's doesn't want
>that in the Wall Street Journal. Headline reads,(Omega can't meet Y2K
>challenge on former software customers disgruntled). Its planned release of
>TS2000i was done for Wall Street and was still is an early beta version. I
>don't know to much about new software but I know this much.
>
>Robert
>
>
>
>
>
>
>felixty@xxxxxxxxxxx wrote:
>>I say wait, Omega is just waiting for a few more people to upgrade
>>either  too nervous or panicky as to want to be secure and safe about the
>>uncertainty of Y2K.
>>
>>This is just business strategy,nothing personal,then after the
>>appropriate time, will they release the patches.
>>
>>Keep cool,man!!! (whistling ............)
>>
>>
>>
>>
>>martin graffman wrote:
>>
>>> I am a newbie. I have used Super Charts EOD for years and I want to
>>> learn ELA and use TradeStation for real time. I thank Mark Brown and
>>> others for their candor about TS 2000. So here is the question: what
>>> should I do at this time? Wait? I'll be grateful for any suggestions.
>>> Marting
>>
>>
>