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Non-Tech : The Critical Investing Workshop
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To: im a survivor who wrote (17502)5/4/2000 9:24:00 AM
From: Jack of All Trades  Read Replies (1) of 35685
 
I think the clown thread would like to see all the clowns that are buying these dot.com and tech stocks at rediculas level get what they deserve. At current and past levels it't nothing more that gambling... Notice how volume has dried up? Everybody is in, but like Voltaire says the houses won't let it drop. BUT someday they will lose control.

When companies are making losses turn into profits by issuing and converting more employee stock options and writing off the capital gains. This will all blow up when the options become worthless and they cannot get the tax break.

Good luck, be nimble, and have stops in place...
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