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Dense-Pac Microsystems (DPAC) Message Board

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  • Fanofstan Fanofstan May 18, 2001 2:14 PM Flag

    big bill stowell...

    Coso, I had the exact same thought. Everyone is frustrated but but rational thoughts and cooler heads always prevail. Life is to short to run around spewing venom. People need to understand that nothing is guaranteed and people had their chance to sell this stock at north of $15. If you didn't then learn from your mistakes. I did take some off of the table at $13 and above. Unfortunately I bought it all back at around $6. However I own a lot under $2. I have been a dpac stock holder for 5 years and always keep adding to my core position. But I have always made money on my trading stock. Every share I own will be sold for substancially more than I paid for it. What good does it do to come on and personally attack people. Trust me the employees of dpac want this stock to move upward even more than we do. In some cases it is 80% of their entire portfolio. He shouls sell it instead of bitching and moaning. You seem like you are tuned in, What is your line of work?

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    • Complaining helps some people to vent their frustrations. Personally I take the quiet approach to hard times.

      Like you Fan, I did sell some on the high end of the rise (north of 15) but I bought it all back and then some on the way back down. Considering the profit I made, my average DPAC holdings are still very low but the losses in my other "sort term holdings" make that tech account painfully red.

      However, I also have long term and retirement holdings that are fairing quite well and there is plenty of other pleasurable distractions in life to let any one sore area get me down. DPAC will recover again and I will sell some when it does but for now it's time to quietly add and wait.

      Long and Silent,

      PS. Fan, did I ever tell you my stepfather has a signed 13"x10.5" glossy framed photo of Stan M. and a signed glass-enclosed ball from the "man"? Any idea what they're worth? They were left to my SF as part of a close friend's estate and he has no intention of selling, but he's curious.

    • I have been a personal Investor for 5 years now. I am also studying for my series 65 and series 7. I also have a small buisness that I run. I buy used phone systems off companies that are upgrading to new ones, and I take them off their hands, refurbish them, and sell them to another company, or whoever would use the system as an upgrade.