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Microcap & Penny Stocks : FNTN-Is Financial Intranet the most undervalued net asset? -- Ignore unavailable to you. Want to Upgrade?

To: DayTraderKidd who wrote (139)	6/17/1998 3:49:00 PM
From: don roberson	Read Replies (1) \| Respond to of 364

If you base your "sell" point on the current potential, then you may find yourself in the gut wrenching position of "why did I get out??!!" All the companies such as AOL COKE, BEst Buy, etc. etc. that skyrocketed over the years, the increase was due to "things that could not have been forseen". No one could have predicted AOLs breakout and vision of what the internet would be. Coke...no one could have predicted acquisitions, products, brilliant moves in the market place, and so for all of them. As BUFFET and all the others that made fantastic profits in a stock, they bought on the concept, and let it ride. Two companies making the same product will act differently in the market place, due to managements vision, and pure luck. If you ask any of the few people that stayed in any of the blockbuster stocks they won't tell you they knew it would perform like it did. They WILL tell you they liked the product and bought in. You will also find that those folks have the demeanor of a long term investor. They do not get excited by the daily fluctuations, and they do not get a KICK out of the buy and sell activity. Its the personality of the individual that lets them sit it out. They just were lucky to be in a stock that made monstrous gains while they sat it out. For some its easy to buy and hold, and for others it takes the personal strength of Hurcules to keep a stock as it rises, and not panic with the pull backs, if they see that it is headed up in the long term.