To: Victor Lazlo who wrote (2075 ) 10/10/2000 9:30:15 PM From: Libbyt Read Replies (1) | Respond to of 57684 Insurance, generic drugs, and energy now are likely among the few save harbors for mediocre returns. Hi Victor, I guess you meant "safe harbors"....suggesting that these stocks are a safe place to buy stocks at this time. IMO there is not a safe place to invest in anything....there is not a "sure thing" as an investment , not a guarantee of specific returns, and not an easy answer of where to put money to receive the desired return. All of investing IMO is about risk....and risk versus reward. I try to invest in companies which I feel have the potential to offer a large enough return that will outweigh the risk. I also try to limit my risk by not using margin...and not putting so much money into the market that I worry about my investments. There was an earlier discussion on this board about the returns in the real estate market. Most people only see the enormous gains being made in this market....without realizing the enormous risks that are also part of the equation. (Ask someone who was involved with commercial real estate in the 80s when the Bay Area saw many "see through" buildings....buildings without tenants, and several "successful" and "wealthy" individuals went bankrupt during this period.) The three "famous words" for buying real estate are..."location, location, location". IMO these words also apply to buying "dot.com" stocks. The "location" of the companies, and their place in the build out and future of the growth of the Internet...and the wireless Internet are IMO the reason to decide to buy specific companies. IMO the Internet is not going away...and I still believe the risk of certain dot.com stocks is worth the potential future rewards. I am prepared to take that risk because I believe in the growth of the Internet, and the growth of the wireless Internet.