SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Greg h2o who wrote (36265)2/24/1998 2:06:00 PM
From: Falcon  Read Replies (1) | Respond to of 61433
 
Gambling can be an investment....a defintion of investing can be construed as "giving money to something or someone for in hopes of a return on that investment"

You drop a $5 chip into a slot hoping to make a return right?
You buy ASND hoping to make a return(profit) right?

Granted that gambling is instantaneous investing...You either win back or lose everything instantly. You can sit with a bad hand for 6 months like you can with a stock. And research is of course limited to non existant..but you can still argue gambling being a wildcard
form of investing



To: Greg h2o who wrote (36265)2/24/1998 2:30:00 PM
From: Sowbug  Read Replies (1) | Respond to of 61433
 
***** OT *****

Fallacious reasoning. To wit: a square is a rectangle, but a rectangle is not a square.

In order to make sure the two are equal, let's turn it around and listen to how ridiculous this sounds, "any gambling is an investment." Nah, just doesn't work, does it?



To: Greg h2o who wrote (36265)2/24/1998 2:45:00 PM
From: gerard mangiardi  Read Replies (1) | Respond to of 61433
 
I believe that the only type of investment that is not a gamble is the sort that Milken did with bonds. He believed that if your analysis was right, one could be sure of returns. The problem with stocks is that even with correct analysis the market could make you wrong. I know I've owned cos that met forecasts not only over the short term but over a couple of years that still went down.