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To: Buckey who wrote (191)4/25/1998 5:01:00 PM
From: wayne nikituk  Read Replies (2) | Respond to of 373
 
I have a very small position in major drilling--the loss there has more than been offset by big gains in other stocks on NY and Toronto, dividends from the 'blue chips' you guys hate and some interest income. that's what diversification is all about.

And besides, a 50% decline is nothing compared to the drop in BZZ from $2 to .50.....if you were in this thing prior to the run why on earth would you not blow out all of your position for a 100%+ gain...? Why still holding? Because you're too greedy and you want a 1000% gain...so you held, up it went, back it came, and yet you still believe. You believe the story...the hope. And of course, the endless cycle of empty promotion and promises of great finds to come.

Of course, you have no idea who the internet promoters are that I mentioned...because you've haven't been around long. You are new at this junior scam game...drawn to the 'potential big hit' and 'fast money' like a moth to light. Pezim may be dead (finally) but there are many more promoter sociopaths to take his place....and they thank god people like you exist --someone has to pay for their nice homes in places like Georgetown (it's on Grand Cayman stupid) or Boca Raton



To: Buckey who wrote (191)4/29/1998 1:20:00 PM
From: NAUGHTY NOTES  Read Replies (2) | Respond to of 373
 
poor wayne does have a point, just not sure what it is yet. while the blue chippers are money makers and you can sleep well knowing you own thompson, microsoft,ibm, and bell canada, you can also fall asleep watching them on your screen. while most people should own the blue chips (i still refuse), EVERYBODY should reserve 10% of their portfolio for these juniors. ati is not a blue chip nor is major drilling. an expensive price tag does not a blue chip make. those stocks are called small caps wayne, and can be just as volatile as the juniors (see corel, i star internet, newbridge, etc.)