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Pastimes : J Doe #13 Off-topic Non-Specific Tech Stock Ponderings

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To: Charlie Finley who wrote (1216)11/2/1998 9:36:00 PM
From: Johnathan C. Doe  Read Replies (1) of 1819
 
Hey Charlie; I'm off to watch the end of the Dallas game over at my Dad's; the only quality time we get these days. I've missed most of the game already. PAIR was such a buy in the 6's; easy double your money opportunity. When though was a big question and I'm as surprised as anyone on how this came out today. The way I think the tech market works is that they kill techs for months and drive out every last little guy and then they just turn it and let it run up. The little guy gets caught by surprise by the downturn, capitulates at some near bottom oversold moment, and then can't muster the courage to re-buy in as it runs all the way back up. This is how the institutions play techs and I'll be damned if I'm going to be suckered out of the action.

BTW; just put 64 meg of ram in one of our computers; the Pentium 200 MMX which brings it up to 80 meg. It is a hot sports car now on the internet; amazing how much difference it made.
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