SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : FSII - The Worst is Over?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Donald Wennerstrom who wrote (2207)9/5/1998 3:48:00 PM
From: Kent Sarikaya  Read Replies (1) of 2754
 
Don that is an awesome post!!!

I just wonder if money is going to ever come back into small caps?
I sure feel that way... now more than ever.
Maybe that is the sentiment that is needed before the street starts buying small caps.

On the show they mentioned how Wal-Mart was the number one stock in recent years and Coca Cola second. Wanting to put my money in a good growth stock and not worry about anything for 3 months, I bought Wal-Mart while living on the beach in SC. Then probably the flatest time in the last 20 years is when I owned Wal-Mart. I bought in, it dropped and it flat-lined. I couldn't wait to get my money out. I felt I would never invest outside technology again. I got out and it subsequently went from the low 20's to near $70, now back down to round $58.

I guess when frustration is at it's highest it seems things turn. I mean real frustration. The kind where you start saying...
Man, if I can just get out without losing my shirt, I will never buy small caps again. And technology, bah hum bug...

Well, I guess I am almost there. I can start uttering the words but I can't finish them yet. I guess only then will we see a turn.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext