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Date: Sat, 21 Jul 2001 09:40:21 GMT
From: Marc Escuro <mgescuronopsam.com>
Subject: Re: 9-5 Aero lease


On 7/20/01 4:51 AM, in article MWU57.695$ar1.2901nopsamnewsranger.com, "Nutmegger" <Menopsamcretroad.com> wrote: > 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. 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... 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!! 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 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 going to laff my way to the bank... And into another SAAB. ;-) -- Marc Escuro mgescuronopsam.com http://home.att.net/~bryesquire "...when all hope is gone, you know sad songs say so much..."

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