Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: The Flying Crane who wrote (47772)	2/21/2001 7:33:28 PM
From: Tradelite	Read Replies (2) \| Respond to of 57584

Gee, ya know.....it doesn't really matter how you played the market lately...it matters how much money you still have in your pocket, afer taxes. The biggest danger of trading this market is having to pay taxes and thereby reducing whatever meager gains you manage to eke out in such a turbulent environment. You might think you made money on that last trade. But the horrible truth is, you need to also think about the tax consequences on your bottom line at the end of the year. Been there, done that, been battle-scarred, now thinking in more finite monetary terms. THIS IS NOT A MARKET FOR TRADERS.....MIGHT BE A GREAT MARKET FOR TRUE INVESTORS.... but wish I knew for sure the latter statement was true. Still liking dividend-paying stocks with strong financials, and even those dividend-paying stocks which seem to be in the doghouse right now, including FON. This stock will only merit a spot in the doghouse for me if it stops paying a dividend....right now I don't regret owning it altho I'm down on what I paid for it. Disclosure: I am the offspring of an early investor in MAS at an entry price many decades ago of $17.00......due to a continuing series of stock splits he now owns 7,000 shares....and this stock is now paying him dividends of several thousands of dollars per year...in his words, this is just "found money". His only regret is being interrupted (by family events) in his plan to buy more shares of MAS every time it tanked. I think there's a lesson in this story for those who want to receive the message.

To: The Flying Crane who wrote (47772)	2/21/2001 10:31:25 PM
From: Softechie	Respond to of 57584

I didn't win another day except little more profits on my short positions. Hopefully traders and investors can realize that DD is the best answer to your own investment and don't depend on others to tell you so and that's including me. Like a friend said to me. The real reason that people don't let go of techs is that they have tasted the quick bucks with 10%-100% return in a hour to a day and so they will always come back to the same well. I think these people need to wake up and find another well to drink from. These highfliers will get corrected more in this softening economy. Telecom sector is burden with debts and they need to generate revenue to pay for their expansion and buildout. More ISP's and CLEC's will file chapter 11 or consolidation before this sector can get better. Oh well I'm telling the same story over and over. I'll stop now.