Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: djia101362 who wrote (30504)	10/7/1999 3:45:00 PM
From: johnd	Respond to of 74651

When is Expedia IPO. Also when is Carpoint IPO expected?

To: djia101362 who wrote (30504)	10/7/1999 4:22:00 PM
From: werefrog	Read Replies (2) \| Respond to of 74651

Daytrading? I was a long term investor probably longer than you have been on this earth. My first buy was EDs, Ross Perot's company, in 1969 or so for $20, six months later I sold for $160. I have never had such a winner since. If, and that's a big if, you choose the right company, MSFT is the ultimate example, you can make good money over time. The problem is, say you buy 10 small companies, one of them will grow big time, if you're lucky, and you'll lose money on the other nine. After you've wasted a few years holding all 10, you will be loser. Timing is critical, remember IBM several years ago, went from 175 down to 40 and back again taking about 5 years for the round trip, so you can lose on any stock. Oh, I took market letters and bought their reccommendations with a open mind, hold longterm and win they would say. Well, with these computers and the data one can get these days, there is no need to waste time and money holding for the long term. You obvioulsy have not been through several "Bear" markets yet. I began Daytrading about 3 years ago and after about one year experience began making more money than I ever did playing long term. Also, pay day is every day, not some day in the future if everything goes well and since I don't own any stock at the end of each day, I sleep very good.