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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Brown who wrote (21997)4/1/2000 7:52:00 PM
From: LindyBill  Read Replies (2) | Respond to of 54805
 
RE: Flash Media

Just bought a 32 meg flash media chip to replace the 8 meg I got with my Olympic Camera last year. I could take 18 pictures at the top quality with the old chip. I can now take 73 pictures at the top quality with the new chip. That is enough to get me through next weekend in Cincinnati with all of the ladies who want their picture on my T-shirt. :0) I can come back and post them all to a site, send the URL to the Cincinnati site, and everyone will see them 2 days after the event. The smart media download mouse from San Disk is 20 times faster than the cord connection that came with the camera.

Once the quality of the pictures is as good as 35mm, (and it is close!) The old camera companies will stay in business, but have no growth left.

I paid $99 for 32 meg on a flash card.



To: Bruce Brown who wrote (21997)4/1/2000 11:24:00 PM
From: tekboy  Read Replies (4) | Respond to of 54805
 
<<what are you talking about? Your AMD is only $1 and change off its 5 year high.>>

yeah, well, I'm out of that trade, as I posted on the curmudgeon thread. Decided to give myself a "margin of safety" (one could also say a "safety of margin") and closed out a number of small side trades in order to hold more tightly to my G's and K's. Did this, of course, at the bottom on Friday morning, the worst possible time, but such is life...

Actually, the week--well, the month--has been quite educational. I'd goosed up my account with quite a bit of leverage over the last few months, both margin and options, and it was amazing to see how quickly it moved up--and down--in response to market moves. Easy to make lots of money if you're lucky and know what you're doing, or lose still more if you're unlucky and/or clueless. Net result is that I'm down nearly a third off my all-time high (about three weeks ago), but still up about 25% ytd. Lots more gray hairs, though.

Since compared to many of you I'm still an investing novice, and have a hard time learning from books alone, I deliberately took more risks than were wise in order to teach myself the game. Well, I've learned a ton along the way, and not surprisingly come out the other end a bit more tortoise-like than before. The hangover was worth the night out, you might say, but next time I might drink a bit less vino...

tekboy/Ares@alwaysgladtoprovideanobjectlessonforothers.com