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Technology Stocks : Full Disclosure Trading

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To: Kirk © who wrote (208)4/14/2002 9:47:23 AM
From: robert b furman  Read Replies (1) of 13403
 
Hi Kirk,

Well said.

Excellent point about a track record of past cycles being a requirement.

The closest I ever got to the internet bubble stocks was Amat,Nvls, and Cohu.

Before I invest they must be debt free,have real products with market share leadership,depreciated assets.

The business plans of MBA's and an IPO creating riches thru an overheated venture capital shell game was less than appealing to me.I sort of felt like a leppar as everyone was making a quick killing on CMGI - but I'm way too conservative for that game.

The only wealth I've made in the stock market was positional trading of cyclical stocks that were bottoming out after a business cycle blewoff.

Just a one trick pony I guess.

Bob
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