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To: X Y Zebra who wrote (30870)11/8/1998 7:50:00 PM
From: William Brotherson  Respond to of 50264
 
Z,

I won't argue this note as I agree with everything in principle.

The psychology of the participants are as important as the technical and fundamentals of the companies.

You would think the end of the financial world is upon us.....Now, look at the stock charts.....

It went belly up, and those guys are Noble Laurates, high caliber mathematicians and economists.....

Then do the same with stocks that were not well known, but as time went on they became today's blue chips.

Then draw your own conclusions, and if you still think that your chances of success still lies with the pennies.... well then be my guest, and invest with gusto in them.

Well that is enough cut & paste. I will say one thing, anyone who bets there life on a long shot, will probably lose, except for those in history like Columbus, JP Jones, Alister, A. Shepard, J. Glenn who made the longest of long shots, against all odds, and in Columbus's case, even against the church and all know science at the time. Just a long shot he believed in.

Take care

wb