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Technology Stocks : MetaCreations (MCRE) - Detailed Goo in a Soapy Dream

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To: Patrice Gigahurtz who wrote (417)12/4/1997 7:18:00 PM
From: Dave Doriguzzi  Read Replies (1) of 846
 
Patrice,

Far be for me to give anyone investment advice but I would be careful overweighting your portfolio too much into one stock. I know too well from experience. I was convinced that Systemsoft (SYSF) was going back to $36 after it dropped and was a buyer from $22 down to $12. I had many 10's of thousands of shares and eventally my portfolio was almost 100% SYSF. I continued to buy when it went from $12 to $17. It then dropped to $12, $11, $10, $9, $8, $7, and is now at $6.25. This collapse almost literally knocked me out of investing and I will always remember it. Luckily I sold at about $10 and made a pretty good comeback with other stocks. If you've never lost a big number in the market in a matter of a few weeks consider yourself lucky! Go big when your confident but never, in my opinion, risk it all. There are more than 8,000 other stories out there, focus on a few others that may be even a little better than MCRE. You may even have some fun doing the research.

Just a thought. Of course if it's a 100% sure thing and you know it - bet the ranch!
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