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To: Michael P. Michaud who wrote (14517)8/14/1999 8:58:00 PM
From: gpowell  Respond to of 29970
 
Well you got me.:-) Good job.

One distinction though - I wasn't getting on those posters that did. No hyprocrisy there.



To: Michael P. Michaud who wrote (14517)8/14/1999 10:32:00 PM
From: ahhaha  Read Replies (1) | Respond to of 29970
 
Touche. It's ok to move out of something that isn't working or to increase sleep. It isn't ok to jump around to get a profit. The idea is to invest in a developing story and hold it. A story can't develop in one week and rarely in one month. The Internet fiasco is proving that in spades. ATHM went from 30 to 100 and back to 30 in 10 months! A company with 300 million out doing this. Crazy. The fact is that the fundamentals were not there to justify the price rise. Thus it was ok to sell ATHM at 77 1/2 and it is ok for gp to have bought at 50 and still be holding.