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Technology Stocks : George Gilder - Forbes ASAP
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To: James J. Franklin who wrote (3208)3/25/2000 3:43:00 PM
From: TigerPaw  Read Replies (4) of 5853
 
GMST Time to dump it? .... Or time to 'back up the truck'

I've given thought to that dilemma. My thought is that this is a gamble right now. The thing about gambles is that you have to ask yourself "Do I have some money that I could lose and still sleep at night?". Like the lottery, most gambles don't pay off, but those that do pay off very well. The next problem is that most of us can't affort to put too much into a gamble, so even a huge percentage payoff is a modest amount of money. In such a case I think you have to watch closely to double down quickly if the payoff comes, and don't weep if it doesn't.
TP
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