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To: edamo who wrote (32735)	3/8/2001 11:17:50 AM
From: stockman_scott	Respond to of 65232

edamo: Regarding NETP and some of my investments.... I bought most of my NETP in the teens and sold it all when if was back in the teens (it was NOT one of my better investments). The company ran into execution problems and became too focussed on the consumer eTailing market. Yet, I did make some serious money with CMGI (on the way up)...I was disciplined to sell this internut incubator when concerns developed and the IPO window was starting to shut. I sold the last of my CMGI in the 90s on the way down. Not all of my calls have been good ones....I'll be the first to admit that. Yet, last January if someone had said that CSCO would be in the 20s in early 2001 they would have been viewed as crazy....If I had said that YHOO would lose well over 90% of its value in a year folks would have laughed at me. We are now in different times. The FED tightened like there was no tomorrow, we had some flawed business models and some valuations that became way too inflated. I learned with DELL that its OK to love a company but its never wise to fall in love with a stock. After 2000 I have become much more humble and much more flexible with my investing. At the moment I only hold less than a 1/2 dozen stocks and like the prospects for them. Yet, recently I was forced to sell one of my favorites (at a profit) on the way down -- this was SEBL (the eCRM powerhouse). I set limits and if the price fell and hit them I was out of my position. A mistake I made last year was holding on to too many of the high flyers too long -- the market changed and we have witnessed an across the board correction in valuations. Yet, in this new market I am very selective about what I buy and at what price. I'm also doing some position trading in an IRA along with some longer term investing. I will never claim that I have it all figured out...in fact i'll readily admit I have a lot to learn. Yet, in the boom times almost all of us became a little too excited about new high tech stocks (its true at one point and time I liked NETP...at least it may survive unlike ETYS, PLRX, etc...). Let's hope we're all wiser after the last 2 years. Time will tell and thanks for sharing on this thread. Best Regards, Scott

To: edamo who wrote (32735)	3/8/2001 11:18:21 AM
From: im a survivor	Read Replies (2) \| Respond to of 65232

Companies with earnings are are getting slapped around pretty good as well...... I was almost laughed off the thread when I suggested extr charts showed a move below $20 was possible....and ntap move to under $30 was probable and maybe teens......Look at both now. Funny thing is, I would love to own both, but trying to wait til they find a base...... As far as pointing out a bad call by scott (netp)...c'mon ed, that is below you. we have ALL made some bad calls....including you. Nobody is immune to being smacked by this market....atml is a great stock, but your currently down on it.....big deal, right? You feel atml will come back, therfor you stay in and/or increase your position. Everybody has different trading and investement philosophies...you are different then sara who is different then john who is different then bob and etc.....whatever works for each of us. As far as these speculative plays, seems like scott hit a nice one with this NVTL ( I think that was the symbol)....losing money but good potential and if I recall where he first bought, he is sitting on a pretty nice % gain....meanwhile my stocks with earnings like atml, qcom, jdsu and etc.....are in free fall mode.....additionally, on ICGE I am up almost....not including my free shares, just recently purchased shares.....30%...and this is recent. The company currently has no earnings, yet it is my best performer ( not including my sunw 03 otm leaps ) in the last few weeks % wise......what does this mean? Absolutely nothing, because maybe tomorrow icge is at $1 and I am underwater, while my good companies come roaring back........anyway, I guess my point is, that you have very valid points, but everybody is different and everybody has different investement methods...what works for some may not work for others...what some deem as risky, others thrive upon....anyway, like I said yesterday, lets wait and see what time brings us..... happy trading keith

To: edamo who wrote (32735)	3/8/2001 11:26:03 AM
From: im a survivor	Read Replies (2) \| Respond to of 65232

<<difficult to believe that speculation still exists at this moment in time...>> Would you not agree it is best to speculate when we are closer to a bottom then a top? I could see your point and wish you had drilled that point into my head last year before the bubble burst....but now, at the bottom, or maybe close to the bottom, is probably the best time to speculate....and remember ed, we are not talking about throwing darts and picking any stock....you want true idiocy and true gambling, believe it or not, I still have buddies that try and trade these otc penny stocks that.....forget about earnings...they dont even have a business model...just some phony company set up in somebodies kitchen....now thats crazy.....however, as I have said, speculation is not all bad, if you do your homework. I am looking forward to 1 - 3 years from now when we can look back and see what gains or losses we got on insp, icge and etc, from current levels.......heck, I'm already looking at 25% on recently purchased icge and that doesnt include the shares I have with zero cost basis......meanwhile, all my quality companies are getting their ass kicked..... but, as I also said before...tomorrow is another day...and the day after that is another day, and we dont know what those days will bring until after the fact, so lets just wait and see what happens and see where we are down the road. keith keith