Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?

To: De Peepster who wrote (9486)	12/26/1998 8:17:00 AM
From: don roberson	Read Replies (1) \| Respond to of 15313

Just some morning philosophizing while I try (and I never will be able to) forget about being in AOL in 1993, 400 shares that would now be worth about 1 million dollars. We will see continually those nervous nellies constantly predicting the final value of FNTN, or when we should all get out, or the justification for why it won't be worth any more than such and such dollars, and why technology will over take it, or others will take over and do it better, YADA, YADA, YADA. And it is all dog poop. No ONE will be able to predict the route or success of FNTN, just like they could not for AOL or AMAZON or COKE!!!!! Now even WARREN B. could do such. And YES, he is a humble man and admits that it was LUCK that he stuck with coke. He didn't do any in depth analysis, etc. He will admit that also. I mean what kind of "analysis" could there be. he knew the management he knew the product, he knew they were successful and he decided he would ride with them through good times and bad, and expected the end to be good. Plain and Simple. Just like I and many others that were in stock that would have made them millionaires. But they second guessed, and I think, and especially the main reason, is that sticking to one stock for a long period of time is boring. BORING. Most folks make this investing game more complicated because they "need" to be more involved. And its the excitement of the game. Buying and holding a stock for 5 years is boring. a no brainer. Jumping in and out, catching the rises and falls, charting, etc, thats all more dynamic. It fills the time and makes us feel we are in more control than we actually are. We need to think that those folks in the mansions through investment are up late hours inspecting every bit of minutia they can get there hands on about their stocks, and always analyzing. Not soo. One of the most successful investors has his offices in the mid west. Why??? To keep away from the flash and trash of wall street. He said that investing is really a boring occupation, IF you invest in the longer term.He invests in a 5 year cycle. He decides on a company and sticks with it on a 5 year plan. But most do not. Not because think they can do better, but because it isn't exciting. The buying and selling is the turn on. In FNTN we now have a company in the infancy of the intranet. And as others have speculated, we don't even have the foggiest of where they may go. Just like just about no one knew where AOL would go. Now look. Getting ready to get on the S&P and it will now skyrocket again. ARRRGGGHHHHH.