To: rudedog who wrote (146712 ) 11/7/1999 11:08:00 AM From: Sig Read Replies (3) | Respond to of 176387
<<time would be better served learning about new areas and stocks to invest in>> I can relate however remotely to your working in the industry and having substantial investments. Its hard to describe what it would be like to become a trader/investor full time as I am today. For one thing it is not at all like the ideal picture painted for us over the years. Perhaps as a Kennedy, a Bass or son of Greek shipowner. Always making big successful deals with inside information And holding stocks that outperform each year. We know from reading the thread and observing those willing to talk thats not the 'way things work' For one thing they have been brought up in and value a different life style than one who had to accept any job at any pay. And have developed certain social attitudes, activities, dress codes and jargon which includes a certain political ability to "lay it on with a trowel". Once a person steps away from science and engineering then anything goes. So I find full time investing a great time consumer that is not healthy (lack of exercise), constraining (in that it requires full time attention), and prevents me from socializing enough with my neighbors. However, it is monstrously exciting. Jan just laid my monthly allotment of $240 in twenties on my desk. She could just as well put down 2000 or 20000, but women are that way- kind of conservative. Summmary: One part of this game is doing things our own way, finding the unique stock with potential that nobody knows about, the next Dell, a winning spread or way of handling assets If I felt I had enough, and more interesting things to do than investing, I would seriously consider the Janus funds At least until Greg sets up a fund.(g) But I am getting worried that this is a transmissible disease- I mean, Qcom up maybe 100 points in a week? Who can resist. You won't forget the glory days of Cpq, nor I of Dell. That is at least part of the problem with Dell price today, in that many people with the encouragement of MM's and the display on Quote.com of the "most up" stocks, the IPO's, etc are placing bets on stocks that don't even have earnings. SES ( as a side note, I think part of Dells immediate stock price problem is that investors fear Dell is pulling a CPQ and thus going down, another good reason for the Nashville plant, its further away from Houston than Austin is) Just kidding..