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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.87-0.1%Dec 23 3:59 PM EST

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To: minnow68 who wrote (72993)3/2/2002 8:44:40 PM
From: Bill JacksonRead Replies (1) of 275872
 
Mike, better a minnow in a small pond than a whale with the sharks?

yes, there was one guy who bought Bre-x for 30-40 cents and plowed all his cash into it. Rode it up ro $135.00 and then lost it all....and complained about life, lost a paper profit of $20 million.
Me, I would be long gone.

Now the chaos factor like 9-11 comes along and upsets all the nice little schemes, or, like Enron, some monster cat is debagged and down they go.

Elmer is not correct when he say there is no house, the broker takes the role of the house and gets his money no matter what happens.

I prefer to do sane things, like riverboat gambling. At least you get comped a lot if you lose.

In some ways a therapist is the ultimate parasite, gets some bllod every week and does it for years and years. People seem to stay in therapy until their insurance company pulls the plug. Rich people are lifers.

Bill
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