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To: Bill F. who wrote (2537)3/28/1999 3:19:00 PM
From: Lucretius  Read Replies (2) | Respond to of 28311
 
LOL!!

My first one filed Ch 11.

I have the certificate hanging on my wall as a reminder that "yes, Virginia, some stocks go to ZERO"

Aren't we bears a bunch of losers -VBG-

BTW- (I've been following this thread as I went short the stock last week... so this probably means it is going to double this next week -g-... I just think it is a little pricey (well actually, REAL pricey) in here (which I'm sure you agree?). I'd love it down around 5 or 10 for an "investment"



To: Bill F. who wrote (2537)3/29/1999 11:15:00 AM
From: Knighty Tin  Read Replies (2) | Respond to of 28311
 
Bill, I think losing early is a must for being a good long term investor. My first stock was Medtronic and it went nowhere but up in 1967. Then I got National Equipment Rental, and it was a big winner as long as I held, though it eventually went belly up. Then, sure of my genius, I bought Ampex at $40 and watched it slip to $16 before I bailed. It eventually went to $3 and I couldn't believe that it could happen. <g> That is when I became a contrarian.

MB