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To: trouthead who wrote (19330)	5/26/2000 12:43:00 AM
From: tahoe_bound	Respond to of 28311

Junior B. Thank you for your comments in return. Sorry if I may sound a little too cynical from time to time or even (gasp) a little over the top in some of my posts/comments, no one knows it all, especially me, it does not matter really how long one has been an investor, it is the quality of experiences and perspective that count. Not to say I still don't think the market is going to get the stuffings beat out of it still in the next few weeks like I said last Friday, I most definitely still do! <<There are also as many stories where you could say that had you sold when the stock doubled you would have missed out on the greatest part of the growth>> Dont I know it! All too well. Can definitely slice both ways. Had AOL in 1996, Had AMAT in 1997 (a truckload of shares) AMTD in 1998, and then sold those out for valuation reasons leaving mid 6 figure profits on the table (seriously) instead of listening to gut feel like I used to in the early 90's, and went to a lot of value stocks with single digit p/es and phenomemal earnings. I totally agree that the markets continually educate, they are always humbling and should be respected, and every possibility taken into consideration. The longer one has, and the more consistent they are, and as long as they do not wind up flat broke and devastated like a lot of internet-stocks-only-with-no earnings rank amateur investors will this year, they have a good shot. I think for now and this summer, the goal is survival, preservation of capital for when the bears have eaten so many salmon that they lull themselves to sleep or go into hibernation. Those that survive in the best shape will be the biggest winners later on.