SI
SI
discoversearch

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.
Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?


To: Jing Qian who wrote (2739)4/21/1999 1:02:00 AM
From: Russ Gains  Respond to of 7772
 
Jing, you have the right mindset.....

People that are doubting the internet stocks, and the growth
we will see, just don't get it. This is going to change everything
we do, how we buy, how we sell, how much we pay....everything. It
is just getting started. You are on THE GROUND FLOOR! These prices that seem so high right now will look ridiculously low in a couple of years. Buy as much as you can afford.

The whole world is online buying and selling in one big marketplace. I imagine people laughed at those that were buying Dell and Microsoft when they were just getting started. Who's laughing now? And the internet is much bigger than those companies many times over. The internet is a life changing event much like the automobile, and the industrial revolution. And this is just the beginning.

IMHO to get rich in the stock market you have to think the opposite way that you would normally think. Fear tells you to panic and sell your shares at a loss to prevent an even bigger loss. This is the time to BUY! I tell myself to "think opposite" when these things are happening and it pays off big time. I force myself to hit the buy
button (and it makes money) when I used to be hitting the sell button (and losing money).

Anyway, best of luck and keep the right outlook.

Rusty