To: TUMON who wrote (2594 ) 6/18/1998 10:23:00 AM From: Fred Stalls Respond to of 3244
knowing what I know (from all of these wonderful posts), I find it difficult to believe that this company will resurrect itself. My stock broker mentioned this stock to me, since he knew I was looking for riskier stocks. He did not "actually" recommend it, since that would have got him in trouble, but he did go on about the potential of the company and showed me a flier he had received detailing the water purification system, how good it was, how it was used at sea world and at some big casino in las vegas, how distributors were lining up all over the world, etc, etc. So I bought. So I still own. The benefit I received from purchasing this stock was a very enjoyable, and educational, experience reading all these posts the past year. While these different chat groups can be educational, you have to be very careful what you take from them. 1st lesson learned is: Trust no one. you really cant put 100% faith that anyone is who they say they are and what their reasons are for doing whatever they are doing. You have to assume that everyone has their own agenda. But you can take things and then cross reference them using other resources. Another point, as some recent posters mentioned, is that you are still able to make money with a stock like NVID. I didn't buy it looking at the long term. I wanted a quick turn around. Alas, I got in at the wrong time. But there have been at least 6 times in the past year where you could have bought at a low and sold within a few weeks for double or even triple. Alas, again, i was too scared to buy at the lows. But the next time this stock goes under .05, I will not hesitate. So, finally, in answer to your question, I do believe NVID has merit, depending on where you buy. But, as I was told when I first started investing, Don't spend any money you cannot afford to lose.