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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Dwight E. Karlsen who wrote (10127)12/4/1997 2:30:00 AM
From: uu  Read Replies (1) | Respond to of 22053
 
Dwight:

You state:
> That's the downside to making stock recommendations to family.
> Getting them in at a good price is only half the battle, you have to
> get them out at a profit also.


I could not have said it any better! The funny part is, as you also mentioned, when you recommend a stock and they start making money you dont hear from them very much and it is a non-event phenomenon and not a big deal. But when the stock you recommend starts going down - or not moving at all - you are constantly reminded of the pick!! And another thing they usually do not like to listen to the logic and fundamental reasons as why you recommend the stock! They just want someone to tell them what to buy and then when to sell!! That is why I have decided the next time a family member asks me for a stock pick, to draw them the map to the nearest supermarket selling the lottery tickets (Ca. lottery tickets)!!

Regards,

Addi Jamshidi



To: Dwight E. Karlsen who wrote (10127)12/4/1997 4:06:00 AM
From: Scrapps  Read Replies (3) | Respond to of 22053
 
Dwight you are very perceptive as to the proper way to give advice on stocks, this is evident in the responsibility you except along with giving the advice. I find that very admirable.

I'm sure you do tell them what their responsibilities are when you first make a recommendation.

I have limited myself to suggestions only, and always emphasize what their responsibilities are as to following the markets.

It really is a damned if you do...damned if you don't situation. Family is the toughest.