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To: Robert Rose who wrote (70596)7/29/1999 2:24:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Robert -- the net stocks are the poor man's leveraged hedge fund. It used to be lottery tickets. The odds are better with nets than with lottery tickets -- but then who do you know that mortgaged their future to buy lottery tickets?



To: Robert Rose who wrote (70596)7/29/1999 2:45:00 PM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
gst, the day of highly leveraged inet investments is over. Those days ended 4/99. The online brokerages saw to it. And after the fact, I'm sure many investors were very grateful. And the inet stock action of the last 3 months has demonstrated in spades that now is not the time to be highly leveraged in the inets. I'm just one example: 10% leveraged 4/99, 30% leveraged 6/99, 75% cash today.


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