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Technology Stocks : The Roaring Twenty 1998

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To: White Shoes who wrote (47)4/15/1998 4:19:00 PM
From: White Shoes   of 338
 
***MILESTONE***

NO BEARDSTOWN LADIES HERE:

This portfolio is now up more than 50%. In fact, after today's close it was up 52%. Let's be clear on this: the AVERAGE STOCK in this portfolio of 20 stocks went up 52% in about 10 weeks. Great picks? Sure, I hope. Must also mean we will look back on this period and marvel. Will it continue? Maybe. But the whole thing looks VERY frothy.

In any case I am proud of this result. It didn't come about through picking a few longshots...if so the great results would be balanced out by 10 mediocre ones. And although we are heavily weighted in internet and electronic commerce, it isn't a sector play. There are all sorts of stocks in here. So all the more impressive. ROAR ON! (???????????????)

OK, so let me trade on this success with another sermon.

Can people not tell the difference between friends discussing promising companies and hypesters just coming on and 'dumping' their hot picks on these threads?

Maybe your stock is doing well but please come to us in the spirit of sharing and learning. It's a roaring bull market so big deal if you found a company with good prospects. Share, don't shout. End of sermon.

I am of course referring to Mr. Cici in this particular instance.
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