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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 164.06+3.0%11:42 AM EST

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To: Cary Salsberg who wrote (10603)8/14/2002 3:54:09 PM
From: chomolungma   of 10921
 
Amateur investors, those who look at charts and
numbers (PE P/B PSR) and know little about the products and competitive positions of technology companies, still
stand to lose much of their money at these seemingly low prices.


Amateur investors will always lose money by trading stocks by charts. Picking stocks by value and holding them for a the long term is a different animal. Whether the market is high or low, you still have to do your homework and I'm not suggesting otherwise. I just think that investors have reached an extreme and for the long term holder the rewards far outweigh the risks. Isn't it funny that those who mentioned risks 2 1/2 yrs ago were ridiculed while mentioning the reward is ridiculed today?
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