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Technology Stocks : Rockwell-Spins off Conexant (CNXT) -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (1051)	5/10/2000 8:30:00 PM
From: David W. Taylor	Read Replies (1) \| Respond to of 2013

I would LOVE a list of the people that bought at the bottom and sold at the top but it would be very short! Fact: people are greedy by nature. Anyone who bought at 20 and is sitting watching 130 would have to have incredible discipline to sell. A few would sell at 130 by sheer luck and just as many would have bought in 20. The number of people in both groups will be vanishingly small. As my own experience proves, timing the market is harder than raising teenagers! I claim no special smarts here but I do think I will end up with more profits than most folk. I already know what my profits are and have paid the taxes on them. Most folk, not just investors in CNXT, have only paper profits. The whims of the market will steal those.