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Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?

To: faro who wrote (4094)	1/22/2000 10:45:00 AM
From: i-node	Read Replies (3) \| Respond to of 5102

Thinking ahead to next week's earnings announcement, I'm a little concerned about the expectations of all these people who have bought in during the last quarter. I, for one, do not expect to see blowout earnings, because I'm not sure where they would come from. On the other hand, it does seem that Fuller is promoting the hell out of the earnings release. Seems to me if it were not good news they would just let the earnings release sort of ooze out the door; instead, they seem to be trying to draw attention to it. I guess we'll make it back later in the year, but sure would like to see some signs of life..

To: faro who wrote (4094)	1/22/2000 12:19:00 PM
From: Big Dog	Read Replies (1) \| Respond to of 5102

Follow These Five Tenets Toward a Fortune By James J. Cramer 1/21/00 [Excerpted only] You know, I believe the individuals have it all over the professionals when they bear down and focus. ... (Individuals don't have to report their quarterly earnings. Individuals don't have money coming in incessantly. They don't have to market themselves. Individuals don't have to have their results in the paper every day. They don't worry about getting fired if they underperform. And they can control their own taxes. Individuals have identical access to most of the information that I have. And, most important, they can own stocks that institutions can't because those stocks are too small or too illiquid or too overvalued in traditional matrices that may turn out to be silly a few years from now ... Individuals don't have to go before a committee and answer "What's the price-to-earnings multiple and the price-to-book and relative P/E?" If you asked these questions last year, you underperformed the market. Wow, let me say that again -- if you ran your fund on traditional matrices, you could not beat the market. Period.) Five Sacred Tenets of Investing: 1. Let your winners run. Don't sell them. The public does this better than any professional. 2. Own the best of breed. If you simply buy the best company in the business instead of the turnaround play or the one that is on the come, you will always do great ... it's much easier to invest bird-in-the-hand style than two-in-the-bush style. 3. Don't be afraid of owning new technologies. The best of you individuals out there are experimenters, looking for a dominant company in a soon-to-be-dominant industry ... You cannot be afraid of new technologies. 4. Leadership at the top is the most important criterion for finding the best stocks ... A strong hand up top makes all of the difference. 5. Blow out the losers. Every single successful investor knows to cut losses. They don't wait for them to come back. They act swiftly and harshly on the losers and redeploy the capital to the best-of-breed winners with great leaders that will soon dominate important industries. ... There. I don't want to complicate things. Five rules that will indeed make you a fortune if you follow them and will certainly make it hard for you financially if you avoid them. Source: TheStreet.com