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Technology Stocks : OnSale Inc.

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To: Sabrejet who wrote (3306)1/10/1999 5:46:00 AM
From: John Finley  Read Replies (2) of 4903
 
>>Does everyone really believe that these stocks will continue to go up???? <<

Did anyone believe that they would have gone this far? The path is littered with the roadkill that shorted internet stocks.

While I happen to agree with you that the term "investing" has been used loosely with these stocks, to ignore the opportunities would be as equally careless.

I think a small percentage of one's portfolio in volatile speculative stocks such as ONSL is prudent given the track record of the sector.

I agree with the other poster - if you think it's going to implode, short it. It's been done before. Please tell us where you short it, WHEN you do, so that we can see if you were right. After the fact doesn't count <g>.

JF
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