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To: bobby beara who wrote (22210)	6/14/1999 10:35:00 PM
From: Gut Trader	Read Replies (1) \| Respond to of 41369

rule number 1 preserve capital rule number 2 remember rule 1

To: bobby beara who wrote (22210)	6/15/1999 8:21:00 AM
From: ben.	Read Replies (4) \| Respond to of 41369

Investing is inherently risky. The premise behind investing is the assumption of risks. Having said that, wasn't the same doom scenario you're painting painted about the stock market itself a few decades ago? Did someone not say the same about television, automobiles and cell phones? To refresh your memory, in the late 1950s when GM first introduced AirBags in cars, people went to court to stop them. Yes the hair cut has gone lower than I would like, but I will not sell. What is going on is a major shakeout and reallocation of wealth. Weak hands are being flushed out, pure and simple. 80% of all investments in internet companies come from individuals. This has never sat well with the major players. As soon as they get their hands on enough shares, the selling will cease. Remember the the BioTechs? If you had loaded up on AMGEN ($10.00) when same doom scenario was painted ten years ago, you will probably not be on this board. What goes up must come down, and up again. I only worry about something that has never gone up. ben