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Technology Stocks : The Roaring Twenty 1998 -- Ignore unavailable to you. Want to Upgrade?

To: Ron Wargo who wrote (119)	7/13/1998 10:17:00 PM
From: White Shoes	Read Replies (1) \| Respond to of 338

Ron, perhaps I have not learned enough about investing yet, but I am always learning. By the way, this portfolio is fully checkable, all you have to do is read the thread to verify that its rate of return year is 46.7% since inception on January 27. This is even better considering that the portfolio is often 20-30% in cash for want of sound investments. Now this return is not as good as some imaginary ISDEX return or if you had just put all of your money on YHOO. But with this kind of diversification and cash position I think the record speaks for itself. I think it will get better once we dump dogs like ACTC. Just so I can continue to learn maybe you can teach me about ACTC and why it is such a good investment. I see a group that simply issues more shares to keep growing revenues. They also keep issuing themselves cheap options and then keep dumping the stock, which explains its slow and steady decline. Hey, maybe this one will go, but I have seen sleazeball tactics like this many times over and you can't win when you're up against management like this. I happily leave the risks and the potential rewards to you.