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Date: Sun, 22 Jul 2001 01:42:34 GMT
From: Nutmegger<Menopsamcretroad.com>
Subject: Re: 9-5 Aero lease


Marc Escuro says... >>>> I did not even jump on the tech stock ride...too much hype. >>> >>> Oh yeah... But everyone I knew was going in on it... So... Why not. >> >> That is exactly why not! Once you hear everyone doing something - do the >> opposite. :) > > >You know what?? I knew better. Good! By the time it is common knowledge, it is usually close to the downward swing. >I was a Finance major in college... And I >knew better. I knew how to read a balance sheet and income statement and >derive important info at a glance... Did you read the prospectus too? >And EVERYTHING pointed at a "Danger >Sign." For the life of me, I just didn't understand what soooooo many >people were going for there companies with INCREDIBLE losses on their >books!! Hype, and the chance to make big $$ fast like they have been reading about. >My broker/friend was so gung-ho about these damned stocks. I just wouldn't >budge. Unfortunately, some of my family did fall for it... And they're >paying the price... To the tune of 6-digit losses Cripes!!! > >Me... I suffered a 4-digit loss, which I recovered in 2 months and then >some... I now have a gain of 5-digits... And I re-entered the tech sector, >but I'm staying away from the major players (Cisco, Intel, Yahoo, AOL-TW, >Microsoft). I'm not into any tech right now. > >I'm going to laff my way to the bank... And into another SAAB. ;-) Well, there you go, and maybe you can retire by age 40 hmmmm? ~J~

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