Dear Crossy, sorry to be so tardy <embarrassed g>. I was away. Not only did I not check the portfolio, but also did I not get on the NET for a while.
Re: Cable, I heard about the going on in Germany, and I gathered much of Europe is like that [charged by min.] Even if it weren't so, indeed cable [and alternate access technologies like xDSL etc] would be great alternatives just for performance considerations. In the US, cable cos are moving aggressively. Both coasts are dropping their subscription rate to only 2x the nominal rates of phone access [from 4 to 6x.] Anyway, you are absolutely right - just the speed alone is worth the cost.
While I was away, I did some soul searching. The good thing is that I ve managed to put things into perspective. So what if my stock portfolio has lost 50% [costwise!] It is not the end of the world <VSG>! Within the realm of financial prudence though, I wonder I was doing it all wrong, as far as equity investments are concerned.
I guess you and I are in some way alike. I cannot put words in your mouth absolutely <g>, but rooting for the underdogs seems to be my recurring theme. Maybe it is a noble thing, maybe it is simply an egoistic thing with wanton disregard of prudence. I am still trying to figure out.
Anyway, congratulation on the speedy recovery of your portfolio. For me, what's done is done. I'd rather not dwell on AMUT and HICO etc. As you may know, I still have a whole lot of small cap broken stocks I ve to reckon with. While I think solid small cap [i.e., pristine balance sheets] should worth a look, personally, I will stay away from the BBs from now on.
best, Bosco |
