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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: David Smith who wrote (3563)	12/14/1997 2:44:00 PM
From: TraderGreg	Read Replies (2) \| Respond to of 11708

What we are quibbling about is the degree of risk tolerance we are all willing to live with. THIS IS NOT DIRECTED TOWARDS CSMA IN PARTICULAR, but rather stock investing and other aspects of life in general. For example, I read an article the other day where a couple had just paid off their mortgage. It wasn't a high rate, but they did it anyways. Why? 'Cause it felt good. No matter that they could've invested in MSFT/INTC and today have said: Here is an account whose asset value dwarfs our mortgage. They did it to feel good. We all have different levels of risk tolerance. Some, as we see, blow out of a stock because a promised news release didn't occur on time. Can you believe that ? How ridiculous? Yea, right, The only thing more ridiculous is that what they did has been metaphysically demonstrated to be the RIGHT thing to have done. No debate on this issue. It's a fact. These so called fools can now stumble back in with more shares than they started with and still have cash left over. My point is this: If 600,000 shares can grow to an amount that you don't know what to do with all the money THEN me thinks that 500,000 or even 400,000 shares can do relatively the same. HOWEVER, if we are wrong, or even if only the negative perception of many others is wrong, THEN the lost revenues on those 100,000 or 200,000 not sold shares become very significant. Anybody else care to comment on this train of thought. TG