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To: waverider who wrote (17506)4/1/1998 2:14:00 PM
From: Chuzzlewit  Respond to of 95453
 
Diamond, I think your comments are important and need to be heard by a lot of people. Too much "investing" is done on the basis of a herd mentality -- people either trying to anticipate the next movement of the herd or running with the herd. I'm sorry, but I don't view this as investing. To me it is simply gambling.

I am attracted to this sector as a very solid intermediate term investment. To my way of investing, intermediate is 2-5 years. And so, while its great to feel that rush that we're all feeling today, the real "rush" will be a few years out when those of us who are disciplined enough to keep our eyes on the ultimate goal and not succumb to impulse investing will realize those huge gains.

Regards, and good luck to all

Paul