To: dwight vickers who wrote (20925 ) 3/10/1998 11:11:00 PM From: Jack Whitley Read Replies (1) | Respond to of 42771
<<Start with RCA in 1929. Radio was the internet of its day. Xerox, Polaroid, Kodak in 1973 for tech companies. Avon as a non-tech.>> Ahhhh. Some specifics. I think some of these guys are still kicking. Seriously, I am going to check them out. I am interested in the story behind each company at the time they got whacked. The stock market didn't go away, it came back stronger than ever. How did these guys fare and why? Very interesting. <<There is a book on Jesse Livermore. The Rise and Fall of a Stock Market Operator, or something close to that.>> Still don't know what he bought to get totally wiped out, other than "the market", but I am now very interested. I'll look for the book to get specifics. <<If you are suggesting you'll be selling at the top and buying at the bottom please post those levels on the board so we can all profit.>> Huh ? This is what I previously posted - "Whose policy is that ? Not mine. I said I have no sympathy for anyone who loses money (including myself) in the stock market. There has been plenty of time to score gains and plenty of time to bail with a profit. Anyone who is in is an entrepeneur, and must accept commensurate risk. I am not shorting the DOW or the S&P, and you can bet that if the market crashes 50%, I will be right in there buying as much as I can. I guess we'll all still have to shave and drink Coke. If I lose my ass, you can talk about me on the Internet, if there still is one." How did you get "If you are suggesting you'll be selling at the top and buying at the bottom please post those levels on the board so we can all profit" out of that ? Per the above, I will be definitely buying companies if the market goes down 50%, whether or not that is the bottom, who knows. But Dwight, whatever happens, I'll always be one of those people who are, as Teddy Roosevelt said, "in the ring" (with a position). I have noticed some very interesting Novell-related posts on the board tonight, thanks to those who posted. I will stay on topic from this point forward. jww