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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Grommit who wrote (9208)12/9/1999 11:05:00 AM
From: Jurgis Bekepuris  Respond to of 78625
 
>Frustrating to go the the health club and hear the
>nincompoops on each side of me talk about how
>wonderful their internet stocks are doing.

Yeah, favorite lunch conversation:
"Our company's stock just went from XX to XXX, *now*
(???!!!) I will buy it for my 401(k)"

Or the favorite Silicon Valley line:
"F*** this company, I only got 500K in IPO, I'm
leaving for FooBar startup"

But I also know people who bought AMZN at $100 in
this summer. Sure they are up 8% today, but...

Jurgis - who's guilty in holding company stock in
401(k) and buying IGRYX as "defensive" part of 401(k).

But then I don't sleep at night... :-)))))