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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: ItsAllCyclical who wrote (64653)4/14/2000 6:25:00 PM
From: ItsAllCyclical  Read Replies (1) of 95453
 
Tech investor reaction - too funny not to share.

Take VA Linux Systems (LNUX: news, msgs), one of the stock market's biggest outta-the-gates success stories. When this issue hit the Street and climbed as high as $320 a share, visions of an early retirement danced through shareholders' heads. See archived story.

Boy oh boy, what a difference $290 makes. The stock closed at 28 15/16 to end the hideous week and beaten-down longs, like DefDog on Raging Bull, could hardly believe their eyes: "LNUX is a beyond a disaster. That CHART is making history. Future investing books will devote a chapter to this disaster."

And a little tongue-in-cheek from PeteBarnum: "When the NASDAQ corrected, LNUX fell ... When the NASDAQ rallied, LNUX fell ... When the NASDAQ slipped again, LNUX fell. That's why I like this stock. It's such a consistent performer."

Of course, keeping a sense of humor helps in times like this. TopChefStuff: "Just got in from 3 weeks of ice fishing in Canada. AKAM must have had a 4-for-1 stock-split. When did this happen?" That was a joke, right?

-----------------------------------------

At least some are maintaining their sense of humor.

That first poster is right. We are making history right now.
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