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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: J Bertrand who wrote (9191)2/9/1998 10:42:00 PM
From: uu  Read Replies (2) | Respond to of 14631
 
Jeff:

> I want to make sure you can afford a Lexus with that nice house
> in Palo alto.


Actually its not the Lexus I am worrying about. In fact I have already ordered a Mercedez (the M-Series) considering I am going to be driving my new baby around, and I am using the money from the IFMX shares I sold today to buy that car (which by the way if you want to buy the M-Series there is a 6-8 months waiting list for the car regardless of where you live in the US!). My only worry is to get a nice house which seems to increasingly becoming an impossible task (for my anyway) in Palo Alto or Los Altos (or for that matter anywhere in Silicon Valley)! Have you looked at the price of homes lately inn this area?! The same homes that were going for $650-$700K about 9-10 months ago are now going in the range of $800K-$900K! And I thought an entity such as AOL is overvalued!! Too bad you can not short hard assets (such as homes)!!

Oh well...

Regards,

Addi Jamshidi



To: J Bertrand who wrote (9191)2/9/1998 11:49:00 PM
From: paul  Read Replies (2) | Respond to of 14631
 
Jeff - Ive lost so much money on Informix from the high twenties, to the teens to the high single digits to the "im jumping out the window" single digits that I would settle for a beat up Toyota with bondo fenders. Im out at 8 if we get there before earnings to lick my wounds and invest in a brokerage company like Schwab which benefits from the compulsive traders on Techstocks.