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


To: Alohal who wrote (54662)4/5/1999 1:57:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 132070
 
"Do you actually believe that the odds of making money by investing in large cap tech stocks is the same as the odds of winning the lottery? "

It depends on the price you pay for those stocks. At some level, the lotto has better odds of paying off. Since I'm long BCST (YHOO) and CSCO right now, and haven't bought any lotto tickets, I guess I don't think that time is now. But I watch these guys like a hawk, and the 50+% gain in BCST is getting awfully tempting to book. Heck, maybe trees do grow to the sky.

I'm glad you have a good money management system. A lot of folks invest on 'faith'.

Barb