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Technology Stocks : Seagate Technology
STX 265.63+2.7%Dec 4 4:00 PM EST

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To: Steve Research who wrote (6625)1/12/1999 3:08:00 AM
From: William Epstein   of 7841
 
Steve Research;

Look, to win at playing the odds means cutting risk. All professional gamblers understand that maxim. There is a big difference throwing your money into the toilet and taking a calculated risk. The smart gambler knows when it is time to pick up the chips and walk away from the table. I'm speaking to you this way because you say that you like to gamble. Everyone has a different philosophy about how they want get involved with the stock market. Now I understand yours.

Yes, I am an investor. It sounds like you believe that we are all hypocrites and that we tell our pillows we're something other than what we are. I didn't buy it all at once. I own a sizeable block of this stock because I believe in this company and it's products. I use SEG hard drives and I have for years. I have both a Barracuda and Cheetah in my computer and I've both disembled and installed them. I have been holding the stock for almost 2 years and if I were a guru I wouldn't have invested in the stock 20 mos. ago. Please, I am not trying to be a condescending jerk. Now let's cool off.

If you believe your right then go with it. Time will prove you out and I'll be the first to congratulate you. No one here follows me blindly. In fact, just the opposite. I didn't come to this BB to be followed. I came to share what I know and to learn from the experiences of others. I think I've done that. Not everyone here likes me but many do respect me because I have the courage to make the calls and put my money where my mouth is. Sometimes, I'm even right! You may not agree with the way I see the workings of the market and that's OK but even you know that you don't know everything. There is always more to learn and I for one, don't care where the knowledge comes from. Being brilliant doesn't necessarily mean being wise. Think about what I've said before you answer. This is not an attack nor was my previous post. It was meant to pull you up short and consider. If you were offended, I apologize.
PHOTOMAN





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