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Technology Stocks : Paradigm Technology(PRDM)

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To: Rodney Doan who wrote (237)8/24/1998 9:13:00 AM
From: James H. Williams  Read Replies (2) of 259
 
I think you've hit the heart of the matter exactly. I never said I make NO mistakes (I have PRDM shares, don't I?). Everyone makes mistakes. BUT!, a few mistakes don't sink an entire ship. Perhaps an iceberg (demand slowdown, pricing pressures) can make what seem like obscure mistakes (over-confidence, bad planning, bad design) more noticeable, but it doesn't lessen the contributory relationship between the error and the outcome.

While the Titanic had many innocent victims, I think the S.S. Paradigm has few or none. I've already faced my culpability in the matter and have reconciled myself to taking that last watery breath. I would hope that you are strong enough to do the same rather than berate the other victims for their bitterness as their corpses descend through the depths, while you paddle around grasping at bits of flotsam as if each were a rescue vessel.

On the bright side, however, my entire "investment" (now gone) in PRDM is pocket change in the larger picture. As every investor/speculator knows (or should), some percentage of every portfolio is going to get struck by lightning (switching paradigms...hehe). One should always allocate accordingly.
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