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To: Jake's mom who wrote (10402)12/18/1997 9:26:00 AM
From: Jeffrey S. Mitchell  Respond to of 17305
 
Of course I read every day, too. My problem is that I have no spare cash to put into the market and I don't want to be giving out advice on what would only be paper trades for me. That's like playing poker without betting. Might as well bluff every time, right?

The difference between theory and real-world trades is the element of "fear". It's one thing to tell people not to worry, it's another to watch your money deteriorate in the process and still stick to your convictions that the stock is worth holding. Therefore, if I can't in good faith tell people what I would do in a given circumstance, I'd rather say nothing at all. Right now I feel really confident about talking about Y2K stocks, not semis.

If I were playing the semis, I would be looking closely at companies that stand to benefit from the year 2000 problem. It seems to reason that any company that sells of makes products that have to do with mainframe storage would do really well. After all, before you go live with all new code it only makes sense to back up the old stuff. And if you are doing in-house remediation, you need extra storage space for working on the code and testing it. Maybe AV knows some companies in this area.

- Jeff



To: Jake's mom who wrote (10402)12/18/1997 11:02:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 17305
 
I was out all day. Came in to pick up a plethora of phone messages, turned around to check the computer and.....

....the world is getting crucified here. Bad Dog, Jake.....You barked at those Asians, the people in Kuala Lampur, The Indians, the Australians, everyone but the Turkish! Leave the Turks alone...they are NATO allies, fer chrissake.

Just remember, it wasn't me that bollixed up the market on December 19th, it was Jake.

Jake's new acronym....The Bollixed Up Market....or BUM