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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Sonny McWilliams who wrote (20764)8/29/1998 7:30:00 PM
From: nihil  Read Replies (1) | Respond to of 27012
 
RE: Chain Post

This is a chain post started by an investor on the Comp.sys.intel news group. He sold his stock in Intel and invested all of the proceeds in Dell and Cisco. Intel went down and Dell and Cisco went up. He posted the message to a Mexican bulletin board, and the readers followed instructions and had good luck and BOLSA went up. He posted to the Russian bulletin board, but they broke the chain, and you know what happened. Don't break the chain -- post this message to at least two bulletin boards and follow the recommendations of this message.

Independent investors of the world:

We are victims of mindless panic. The collapse of stockmarkets everywhere is caused by fear -- stark unreasoning fear. We have nothing to fear but fear itself. Follow this simple rule and we can stop the plunge of world stock markets without reducing our freedom to invest.

Rule 1. The Rule of Stabilization is simple: sell what stocks you wish, but invest every penny you receive in other stocks. If everyone follows this rule, the panic will cease and average of averages will become stable. If only one person follows this rule, the rate of collapse will slow a little. If two or more follow it, the rate of decline will decrease even more.

Rule 2. Rule of Recovery: buy a little more stock.

These rules meets Kant's definition of the categorical imperative: "Act as if the maxim of thy action becomes the universal law." They are completely ethical. If everyone follows them we will all be better off. Break the chain, and who knows where it stop.