SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (98641)4/4/2000 1:15:00 AM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
>Inevitably some don't work out, but on balance your portfolio grows
>at a fast rate.

Actually, any venture capitalist will tell you that MOST don't work out. 9 out of 10 go bust. Only in the last 3 years has the public appetite for internut firms' debt and stock offerings kept the ratio skewed towards "winners" so highly.

Don't mistake a bull market for brains.



To: Bill Harmond who wrote (98641)4/4/2000 1:17:00 AM
From: Jan Crawley  Read Replies (5) | Respond to of 164684
 
I think that Amzn has fewer margined MO players therefore is holding OK?



To: Bill Harmond who wrote (98641)4/4/2000 1:21:00 AM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Sonny, William and Glennn hang in there and good for you guys because it's nice to know we're sharing the pain today. I'll say good chance Nas holds up on 4000-4100 levels. We came down sharp today because we broke bottom channel trend line-- healthy, but painful at times. I hope most of you are off the margin by now... we come down fast.;)



To: Bill Harmond who wrote (98641)4/4/2000 6:25:00 AM
From: re3  Read Replies (2) | Respond to of 164684
 
<<<<<<I think that timing the market humbles us. Buying and holding a basket of great young companies is the best way to enrichment and decision validation.

Inevitably some don't work out, but on balance your portfolio grows at a fast rate.

this post is a put on, right ?



To: Bill Harmond who wrote (98641)4/4/2000 9:28:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<I think that timing the market humbles us. Buying and holding a basket of great young companies is the best way to enrichment and decision validation.>>

William, you mean like you were humbled by the 3rd week in Jan, when it was clear after 12 trading days that the market was not anywhere near as bad as you assumed, and the adulations from the board around here re your "100% sell" action dried up, and you started buying back in?

I suppose you had no patience for "enrichment and decision validation" in Jan., eh? How soon things change....

Looks like you were right, just way premature. Common market timing error, don't feel bad.
Victor