To: uu who wrote (15267 ) 10/1/1998 6:14:00 AM From: Byron Xiao Read Replies (3) | Respond to of 25814
I just wanted to say the Addi is a damn good investor and forecaster. I argued with Addi in the SUNW thread earlier this year when the Dow was hitting 9300. Basically, we were arguing about the valuation of SUNW vs. DELL. It was in Feb. and Addi at that time has already predicted that there would be a market correction happening in March - June (his timing was indeed a little off, about couple months off.) because of the problem in Asia, potential Y2K problem and over-exuberance in the US market. I then decided to follow his advice and sell all my shares in DELL, SUNW and take the profit at that time. I graduatelly got back in from June - August. Since I had been holding onto DELL for over 3 years, I was able to cash in 1000% profit return in DELL. I was able to put part of it on a down payment on a pretty nice water-front property here in Seattle. With my pathetic little salary, I would've never been able to afford such a property. After getting back in the market in June, I purchased MSFT, SUNW, INTC, DELL, CSCO and I am making money on all of them again, roughly up about 30% so far. Anyways, Addi, in my opinion, has a better idea than a lot of the world economists or high paid brokeage firm analysts. I just want you guys in LSI thread know that Addi is awesome in his forecasts. Addi, you also gave me a life lesson on how fragile lives were after hearing about rebels in Algeria slaughtering civilians. Well, there are the same ethnic cleasing going on in Kosovo now, although our government only condemn the Serbs but fail to condomn the Kosovo Liberation Army, which basically did the same horrible thing to the Serbians living in Kosovo. Comparing to those victims, losing some money in the market seems so meaningless. Even if I go broke tomorrow, my life is still thousands times better than those victims in Kosovo. And we care more about what the president did to Monica Lewinsky than those children slaughtered, mutilated in Kosovo. That's just unbelievable. Anyways, my point is whatever direction the market goes, I'd still be happy that I wasn't one of the victim is Kosovo.