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Pastimes : Confessions of A Sucky Investor

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To: Sidney Reilly who wrote (14)3/2/1999 7:32:00 AM
From: ecommerceman   of 15
 
Yeah, losing 30k was NOT a pleasant experience, to say the least. Luckily, I didn't need the money right then (or now), so I was able to get through it without looking for sharp objects (I did have my eyes on a couple of dull ones, though...).

I'm glad that I didn't panic and throw what little remained into mutual funds--I really would have punished myself then, given that E*Trade jumped from $10 to $120 in about 2-3 months...

If you think that you have good companies, then hang on to them; if they're dogs, then take them to the pound...

And by the way, it appears I was wrong about ELCO (Elcom Systems) --they've changed their business plan and now looks like the next hot internet stock. Folks might want to check it out...
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