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Technology Stocks : Systemsoft Inc. (SYSF)

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To: Jimbo Cobb who wrote (3526)6/3/2020 3:23:42 PM
From: 90sInvestor  Read Replies (1) of 3529
 
Good for you! Unfortunately that wasn't the case for me, I lost every last penny.

That year I was a contractor for UUNET (it was famous in the 90s before it was bought by Verizon) and I was clocking so much over time that year as a kid out of college it was physically painful. I was working crazy hours even when it was my first year of marriage. I made about $200k that year just working non stop. From that salary I invested $40k cash straight cash and doubled that to $80k within 6 months! It was only on buying and selling penny stocks. Then my dead end was Systemsoft.
I remember the day I told my wife while she was pregnant that I lost the whole $80k (it was over time but that day it was just permanent); I remember it and it was a huge wake up call. She put her hands on my shoulders, bent over with her head touching my head and I can still see her big stomach being pregnant, looked at me with her amazingly beautiful eyes, whispered and said "did I just get married to a gambler?". I almost died! I still choke up to this day every time I remember it. It never gets stale...
From that day on I never wanted to have anything to do with the stock market or dealing with stocks. It just was never going to be for me any way shape or form.
The reason why I reached out on google to see if I can find out what actually happened to the company is because I hear in the news about Hertz going under and I thought what if I had bought Amazon and made hundreds of millions then bought Hertz and went completely under like Systemsoft?! That would really kill anyone!
Anyway that was my story and thank you for replying.
Best of luck and stay safe during these tough times.

I learned my lesson that family is much more important than all the money in the world.
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