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Technology Stocks : Gateway (GTW) -- Ignore unavailable to you. Want to Upgrade?


To: Kory who wrote (6597)9/1/1998 9:44:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 8002
 
>>You seem to confuse gambling with risk. Long term investing is not risk-free, but that
does not make it gambling. The longer the investment is held, the more the price will
reflect the underlying business, instead of the whims of the moment by a minority of
shareholders.<<

which in itself is a gamble that underlying fundamentals are good or are getting better. there isn't any confusion.

>>Gateway may or may not fail.<<

and buying and holding til the end isn't a gamble? gambling is all about risk vs reward. if their is not risk then their is no gamble - its called a sure thing. if their is a risk then you are gambling that the bad end situation doesn't occur - b/c it just might.

zenith investors gambled that zenith would turn it around and LOST. just like gambling on three 7s - though the risk reward iwas different.

like it or not, at least be honest about it...