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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Pierre-X who wrote (1862)	12/19/1997 7:03:00 PM
From: Frodo Baxter	Read Replies (1) \| Respond to of 9256

Heck, I didn't know that DLT revenue was going to be flat. Besides, I was talking to Z, who doesn't need any encouragement from me. Message 2843995 Let me explain my investment style more carefully. When I say leverage, I don't mean bet the ranch on one eventuality. This is dumb. Even if you're 95% correct, that 5% will wipe you out. Ask Victor Niederhoffer. Rather, I mean buy a few cheapo out-of-the-money options AS PART OF A DIVERSIFIED PORTFOLIO. You can't lose more than your bet. And you have an infinitesmal chance at making a bunch more. A couple correct calls will make your year. Also, don't mistake your investment prowess with a raging bull market. It worked for the past decade or so, but it may not in the future. Finally, if any of you actually listened to me, you would have shorted Midcom (MCCIQ) and wouldn't be complaining. <g> Cheerleader