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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: WallStreetTips who wrote (2314)	3/23/1999 8:12:00 AM
From: GraceZ	Read Replies (1) \| Respond to of 28311

Why settle for thousands? >>I am hoping GNET gaps up so that I can dump my thousands and make thousands. << Everybody plays this game....if I'd bought $10K of DELL three years ago I'd have yaddayaddayadda by now. MSFT,INTC,CSCO etc. the list goes on. The guys who need the money the least, the millionaires and the billionares are the ones that buy these kinds of stocks at the IPO and hold them for the whole run. Its my theory that as soon as your holdings in a winning stock starts to approach three times what you can make in your "day job" the urge to take profits is overwhelming....as well as the noise from your spouse, mother, investment adviser, etc. The thing is if you go back and look at some of these stocks that have risen ten and twenty fold....you can see that you could have bought at ANY price level and still made millions. The amazing thing is that the TIME frame to hold was so SHORT....we're talking three-five years. Eternity in daytrader time!<VBG> Hey, I know the horrible sinking feeling you get when a major position pulls back....the terrible second thoughts. You gotta fight the urge to sell your winners and hold onto your losers, because your winners will always totally make up for your losers....if you don't sell them too soon. I'll look to ANY kind of a pull back as a wonderful opportunity to add to my (why didn't I buy more?) position of GNET. GAZ