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Technology Stocks : 3DFX
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To: Marc who wrote (10032)1/7/1999 3:46:00 PM
From: Stuart C Hall  Read Replies (2) of 16960
 
OT: Internets

Confessions of a conservative investor:

I bought several stocks to the attention of friends a few months ago. QLGC, BRCM and ATHM. All have doubled since October. I never invested due to fear except for ATHM (now average price of 70)

I got so sick of watching AMZN have daily gains of 30+ that last week post split I put $1500 into AMZN figuring I'd single handedly put an end to the insanity by ensuring a rapid price deflation. I know, crazy. But you know what.....I have a 25% gain already and have moved up my stop limits.

I also got into CMGI on Monday at 130. It's now at 169 thank you very much. I feel it is the strongest of the Internets in that it is leveraged into different areas all related to the strongest economic driver of the next 10 years, the Internet.

I wouldn't recommend investing in AMZN. I can't believe that I did. But I would recommend finding your own CMGI and ordering up a small piece for your portfolio. That way as the Internet grows you can sit back and enjoy your own 30+ point gains and not have the nauseating feeling of watching it all go by.....

That's what I did and I'm having a blast watching the returns on the smallest part of my portfolio offer me the biggest gains. Just make sure it's a small piece of your portfolio, that you're not investing in an EBAY or tulip bulbs and that you are catching it on the way up.

Enjoy!

Regards,
Stuart
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