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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)

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To: CynicalTruth who wrote (2867)12/5/1998 3:46:00 PM
From: andrew r harwood  Read Replies (1) of 3335
 
continued
i am gradually and painfully getting out of all these small oil,gas and natural resource companies it really is a mugs game with very little profit for the avaerage joe and usually big losses.
there was an interesting story in the wall street journal this week which basically is about a new group of suckers being taken for a ride. the story was about the internet stocks and all the small investors leaping in for apparently quick profits,the silicon investor web site for internet was mentioned.i suspect that a lot of hypsters have moved to greener pastures now from the natural resource segment of si to internet section .a whole new a giant set of suckers are all being set up for a big fall.i wonder if the hypsters on this section are using there same code words over there but suspect they have metamorphosed to a different sign on name.
i see that silicon investor is now advertising pizza and other things ,it cant be too long before the silicon investor web site is taken public ,it must be worth a few hundred million in the current market ,somehow i dont think ill be buying unless long term participants can get it at the ipo price .somehow i doubt it.fortunately i only put a small proportion of assets into this segment though it became a more than play money .who would have belived 5 years ago when hiliary care was all the rage and the pundits were predicting the demise of the big pharmacautical companies and merck was at 30$ that 5 years later it stands at almost 160$ ,so merck is a 5 bagger and virtually every stock on this web site has been a reverse 5-10 bagger including of course epic/ safari.arh
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