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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: HG who wrote (42022)	1/4/1999 12:44:00 PM
From: Ilaine	Read Replies (3) \| Respond to of 132070

Hi Happy Girl, >>>"Paradigm shift"<<< I am sorry, I don't know what that means. >>>"Need for new models of valuation"<<< Well, yeah, but what are they? You paid for it, can you value it?<g> >>>"Why would you still think they are overvalued ? Overpriced maybe - but overvalued?"<<< I was using the terms interchangeably, sorry if that is improper or confusing. I value AOL, I am using it right now. I value Yahoo, I probably use it every day. I value Microsoft's products, I also use them every day, and am using them right now. Successful investments serve one, or all three, of the following purposes: 1)preservation of capital; 2)increase of capital; 3)income. I don't dispute that your investments have preserved your capital, and increased it, and that if you sell them you will have income. The question is, if I were to buy YHOO today at $250, roughly, would my capital be preserved and increased? Is the potential increase in YHOO's stock infinite? And if not, if there is no limit, what is it? If there is a limit, and it is reached, then what? Being able to get out with much of your gains intact is admirable, and probably says more about your computer skills than the wisdom of your investments. I listen to a radio station that lets financial advisors buy hour blocks of time, so that they can give free advice over the radio and hopefully get investors to come to their offices and pay for more personalized assistance. (I doubt most listeners realize that the speakers pay the station to be on it, not vice versa.<g>) I hear a lot of little old ladies asking about their AOL, YHOO and such. I don't think they will be as clever as you with the exit strategies if-or-when the limit is reached.