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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: im a survivor who wrote (34648)3/26/2001 10:05:07 AM
From: edamo  Read Replies (2) of 65232
 
keith...buy or sell whatever you want...

yes, i may be conservative, but "speculation" and "gambling" has created the current angst for many investors....

difference between the icge, cmgi, insp, et al that have tumbled along with the csco, msft, sunw, etc....is that the former group never turned a profit, and has deepening losses, whereas the later have turned profits for many consecutive quarters, and even now aren't losing money, but only earning a bit less then what was anticipated....

i hope you and any others who invest in non profitable companies do make out big time........but please realize that "big time" has come and gone, and most let it slip through their fingers due to speculation and gambling...

icge and other similar non profitable companies should be viewed as high risk trading opportunities, not investments....why? because they failed to profit in the "best of times"....how can they turn the corner in a "less then best of times"?

never telling you or anyone else what to buy or sell...only trying to inject the reality of business analysis...
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