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Technology Stocks : ALU - Allou Health & Beauty: Another Web Play
ALU 3.4600.0%Mar 3 4:00 PM EST

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To: AJ Berger who wrote (377)5/9/1999 2:39:00 PM
From: lifeisgood  Read Replies (1) of 418
 
I'm not sure you should call Questarr's investment in ALU an investment debacle. Your purchase of NAVR at 17 is an investment debacle. There is a big difference between the kind of gambling that you do and investing in companies with demonstrated histories of earnings and earnings growth.

During the next major market downturn
I'll probably be bottom fishing lots
of stocks like this, but for now, there
are far too many growth speculation
stories to play than tie up my cash here.


Stocks like ALU will be relatively safe during market corrections, a major one of which may occur soon. Gambles on speculative growth companies will make paupers out of many people during even minor (10-15%)corrections.

I wish you well on your investments but hope you realize the difference between speculative gambling and investing before it is too late.

regards,

LIG



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