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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (40668)5/6/1998 8:12:00 PM
From: Eric Ridley  Read Replies (2) | Respond to of 176387
 
>>I'm in S. african gold mining co's

Lucretius, you make me laugh. I have 13,000 shares of one of the best juniors in play, and it's not worth much more than toilet paper. I spent most of last year out of the market because I was worried about it, and missed 2,000 points. I'm in as a Long, Hard Bull. When the inevitable correction finally happens, whether it's at 9300 or 20,000, I'll gladly suffer my 10% lumps, and smile all the way to the bank, counting the profits made in the meantime from arrogant doomsayers like you.

Best,

Eric

By the way, I've been selling you a bunch of those Dell puts... it's been the safest and easiest money I've ever made. And if I manage to get called out ever, I'll be ecstacit to add to my long Dell position.



To: Lucretius who wrote (40668)5/6/1998 8:24:00 PM
From: Eric Ridley  Read Replies (1) | Respond to of 176387
 
Hey Lucretius-

Here's what Cramer had to say today - Right on the money.

Boy am I getting sick of people who come on CNBC and say that stock prices
are cause for worry. Here's my take: Stock prices are always cause for
worry.

Think about it. Stock prices were absurdly high in 1984 versus the recovery
then. They were ridiculously overvalued after the Gulf War, I mean like
that should have changed anything. They overshot where they should go by a
mile after Clinton got elected, because after all he is a Democrat. They
ramped much too much last year in light of 1996 earnings.

Enough is enough is enough. Certain stocks are overvalued. I spent the day
trying to get someone to write me a put on K-tel (KTEL:Nasdaq) so I could
blast that piece of garbage to kingdom come. Nobody will sell them to me.
Some of these faux-Internet stocks are leading-decliners-in-waiting. I want
to bet the big enchilada against some bogus bio-health care stocks that not
only have no cure for cancer, but have turned out to be misquoted baskets
of hope.

However, if I have to sit here and fret about the overall level of the
market and watch the futures rip through the market all day, I know that I
will be sidetracked by my main mission: looking for opportunity.



To: Lucretius who wrote (40668)5/7/1998 9:17:00 AM
From: Walt Corey  Respond to of 176387
 
LT said "It will get worse. OPEC will probably cut production, AGAIN, sending oil prices higher. Wages WILL go higher. Inflation is a "

And ya know what else??? We are all going to die someday. But some of us, no, most of us, don't cower in the corner waiting for it to happen.