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Technology Stocks : CSGI ...READY FOR TAKE-OFF!

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To: tech who wrote (1643)12/22/1997 3:36:00 PM
From: TEDennis  Read Replies (1) of 3391
 
tech: >>I find if so humorous that you own shares in CSGI, but yet you don't believe in their technology.<<

and ...

>>I have to admit I am a little surprised to see a smart guy like you nit pick over the use of a term and not look at the big picture.<<

I never said I don't believe in their technology. It has its own strengths and weaknesses, just like all the others. What I don't believe in is their claim of being "fully automated". If you had ever worked in a production software environment, you'd know how ludicrous that is.

If I didn't see the big picture, I wouldn't own any of their shares. You don't have to believe in something to profit from it. A perfect example of that would be the people who made a mint on Bre-X. The smart ones got in low and sold out high. The ones who got hurt were the ones who actually believed in the Bre-X claims and held on for dear life, only to end up with worthless shares.

Note that I'm not placing Bre-X and CSGI in the same category. Just using Bre-X as a case to discuss my trading philosophy.

I'm not emotionally attached to any company's stock. Except for FBNA, of course. And, that's understandable, isn't it?

By the way, you've never thanked me for giving you all these opportunities to sing your favorite company's praises.

What ... you thought I was doing this just to be argumentative?

Your turn ...

TED
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