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Technology Stocks : Seagate Technology

STX 258.21

-1.7%

Nov 14 4:00 PM EST

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To: secrus2 who wrote (7078)	3/13/1999 1:42:00 PM
From: William Epstein	of 7841

Valeri Evdokimov; You have a good soul. However, one never stops paying his ticket. That is the price of admission to the market. When you think you have already paid there will be something else. What really happens in the market is you bring your money and it is moved from one party to another. Some say the market creates wealth. I don't believe that. I believe, it merely rearranges who has the wealth. In that sense it is like a gambling Casino. So, one must pick one's battles very carefully like Marshall Kutuzov did with Napolean. Fight the fights where you have a chance and avoid those you can't win. Everything in the market is designed to take your money away with a small chance of winning. PHOTOMAN

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