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Non-Tech : LCS Golf (LCSG)

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To: Jim Bishop who wrote (378)3/8/1999 7:27:00 AM
From: Chip Roos  Read Replies (4) of 626
 
<<You long, short, or no position, Chip?>>

Jim:
I have no position in LCSG but must admit that even though I
"bashed" the methods that I've seen being used, it is easy to
get caught up in the excitement and I could almost be enticed
to jump in for a few shares (go ahead Alex and laugh at me).

I think my problem with this is that I invest about 95% in
boring stocks with track records, revenues and profits. The
penny stock market tends to move much more on speculation which
scares an old fart like me. Over the years I have seen too many
people get caught up in the excitement and buy stocks that are
little more than hype.....almost always the little investor is
the one to get burned.

BUT, you hate to miss out if such as stock really does take off.
Sorry if I offended anyone with my posts but this sure does make
me nervous. I may be wrong but time will tell.

Good luck to all. Keep pulling for my Wal_Mart!

Chip
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