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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (127734)	7/4/2001 6:34:04 PM
From: Glenn D. Rudolph	Respond to of 164684

i understand, and respect your decision. it's really a shame you've sworn of shorting however because of one bad experience, because that's the most useful way to make money these days. of course if you have to go long only, i would suggest looking at natural resource companies--not technology. Craig, It is a shame but the experience was a bid more than bad in my opinion. It is kind of like going out and getting major drunk on some liquor. One will drink again but not that brand as a rule. Maybe given a few more years, one never knows. I am focused on natural resource companys. I have some tech firms but it about 15% of the remaining portfolio. I made my decisions on diamond buying which in a sense is a form of natural resources. The shortages of rough when they occur (possibly not real but it matters not), cause a double in the price of finished goods. I do not see any more real quantity of fine rough coming out of the ground or at least on the market. The current weakness is due to weaker demand in the US and Japan. Demand only needs to pick up. The supply will not change. Here is a product with no "real use." There is literally tons for industrial use but there is no real use for fine rough. When I think about that, it reminds me of your thoughts on the time change. All the value is perceived.