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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Michael Rich who wrote (19474)2/18/1999 6:21:00 PM
From: Judy  Read Replies (2) of 42787
 
Mikey,

Recall my philosophy on story stocks ... aggressive investors will have a basket full and wait for the rainbow at the end. The average track record has been 1/3 will go down in blazes, 1/3 will do squat and 1/3 will be three-ten baggers that should more than compensate for the others. Here is a sample of the past two year's track record ...

AMTX ... did squat, TXN bought it out for 21
WSTL ... went down in a flame of blazes, I took a tax loss
WIND ... story hit a snag
RMBS ... story remains to be unfolded
QCOM ... story remains to be unfolded
IMNX ... story was told, I rode it until recently
CMGI ... story is unfolding, I am riding it still

I know you understand this philosophy. Just wanted to remind you of the risk/reward. Long ago, someone posted me a snide remark if I was still "nursing" my WSTL shares. What can one say to someone who does not subscribe to the same philosophy? Nothing ... so I let it pass and the market will be the final arbitrator.
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