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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Mike who wrote (1957)12/10/1997 7:12:00 PM
From: Jesse Livermore  Read Replies (2) of 3307
 
Sorry Mike, that is a play on Crazy Horse's line about being brave before a battle. You have to laugh at these levels. I am in big, too. What can you do? You can sell out and keep what is left and in 20 years at 7% you might get even or you get in on a $2 stock with a chance of making a big surge. There is risk, sure. We know why the company is $2, we know it has bold new products coming out, we know what happens to hot software companies. All we don't know is what is keeping the price down. You can still lose it all here but the chance of chapter 11 seems smaller to me than the chance of a major comeback.
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