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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO -- Ignore unavailable to you. Want to Upgrade?

To: Gordo who wrote (1456)	3/4/2000 9:36:00 PM
From: John Trudeau	Read Replies (1) \| Respond to of 1762

Gordo, some feedback on your comments: I agree with there being a lot of naive investors in too deep. It reminds me of the Bre-X hysteria. Which leads to your second comment. Quality picks are getting very hard to find, next to impossible. A recipe for disaster for the neophytes who are tempted by the lure of big profits, when all the big profits have been made. What's even scarier, is, there's a ton of money to be made on shorting these plays when the tide turns - and it will. WRT your comment about playing the hysteria with 10%... don't bother. They take time and money away from your legitimate efforts. The temptation to trade this way is often based on regrets of previous sales (e.g. should have held on longer, could have made more, etc, etc...) - 'bin there, done that. Take the 10% and buy yourself a real toy, I did. Thanks for the O & G picks. I'll check them out. Finding the gems in this sector is a major challenge, but as we found out with TOMmy, it's worth the hunt. P.S. Did you check out Belair Energy? It's the best O & G Co I've seen since Berkley came on the scene as a junior. All the data is on their website. I've received positive comments about their mgmt (e.g. Vic Luhowy) too. Regards, JT

To: Gordo who wrote (1456)	3/4/2000 10:25:00 PM
From: Ciao	Read Replies (2) \| Respond to of 1762

Gordo, as per your last post; "The hardest lesson that I have had to learn is not knowing when to buy, but knowing when to sell (especially the psychological barrier of selling losers as some part of our psyche doesn't want to admit we made a mistake). Maybe someday I'll write a book about this - I already have the title picked out - "The Fleecing of Innocents"." May I suggest "It's Not What Stocks You Buy, It's When You Sell That Counts", by Donald L. Cassidy, Probus Publishing. Originally published in 1991. As for fleecing, I've read several books, FLEECING THE LAMB, and CONTREPRENEURS, both remain excellent books on how the scamsters and boiler rooms work. Much the same is happening now, but it's gone hi-tech and is much more efficient. When the market turns a undergoes a severe correction, there will be the post mortum and it'll be called the mother of all mania's.