If you have sand in your toes, you are probably walking on the beach and having a great time.
Unless you are 98 years old and your daughter is 76, you should put the GNET in a drawer and tell your daughter to pay NO ATTENTION WHATSOEVER to the silly day-to-day blather about the stock market and the internet sector and the economy and Alan Greenspan and all the other crap that serves only to distract you both from the main issue: namely, that the internet is growing at 3% a day, GNET is poised to do wonderful things, and if you have the patience and the fortitude to wait out the dips, you will both be rewarded. The idiots on TV say this stuff to keep your attention for their advertisements -- they know no more than anyone else where the short term prices will be. And it doesn't matter at all where the short term prices will be.
A few months ago, someone very astute posted on the ATHM thread that he printed out a graph of the last four years of AOL's stock price, blew it up, and pasted it on his wall to remind himself that no stock goes straight up, and that if one had the courage to stick out the dips, one would be very happy eventually.
Long GNET, CMGI, ATHM, UNPH.
Check you and your daughter again in 2005.
MGG |
