The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (8166)	1/18/1999 6:54:00 PM
From: Tim Luke	Read Replies (3) of 90042

just some food for thought for the people with limited funds: i would much rather buy (for a position play) 200 shares of a dell,sunw,asnd,nn,xyln,fore,intc,msft,csco then 1000 shares of any of these non revenue earning internet stocks. IMO investing or should i say gambling in these stocks can wipe you out overnight...it's far better to own a blue chip tech stock because if it drops in price you know it's a matter of a very short time before it goes back up. these internet stocks IMO are for the day traders to have their fun with, myself excluded and i advise caution to anyone thinking of trying to trade these stocks. remember this statement:..."it's far better to hit base hits then to try and hit a home run every time you are up to plate".....you keep swinging hoping to hit that home run will increase your odds of striking out completely.

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