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   Technology StocksCMGI, eBAY, AMZN, AOL - When will the pain end?


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To: Bald Man from Mars who wrote (15)6/15/1999 8:35:00 AM
From: ben.
   of 47
 
They've already taken my 5' black and white TV and now they want my computer!. To keep them from getting that, I now unplug it and load it in the trunk of YUGO and drive around with to my new Burger King job!. They know my YUGO, but I assume considering the trouble of trying to get rid of it, they've not bothered to look in the trunk. This strategy works for me and I urge you to try it. If they ever look at my YUGO, I will transfer to my other car, a Ford PINTO and considering the risk of being rammed from behind and going up in flames, I doubt they will ever look and this is my last stand. Desperate times demand desperate measures.
ben

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To: ben. who wrote (19)6/15/1999 9:05:00 AM
From: Bald Man from Mars
   of 47
 
I still have 2 cars left, a 1972 Javelin and a 1973 Chevette ...
I don't think they want those either ...
Luckily my 1999 BMW is gone (or unluckily ...) when I shorted AMZN from 20 all the way to 200 and the margin dude just took it away ...

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To: paulmcg0 who wrote (11)6/15/1999 9:09:00 AM
From: TraderTerry
   of 47
 
Interesting article and must read for Net investing buffs:

pathfinder.com

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To: Bald Man from Mars who wrote (20)6/15/1999 9:26:00 AM
From: ben.
   of 47
 
The Javelin is better and safer. I have a Pacer which I will soon start restoring, just incase!
b

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To: ben. who wrote (22)6/15/1999 9:26:00 AM
From: Bald Man from Mars
   of 47
 
Better and safer in what respect ...
can it outrun the margin dude ...

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To: Bald Man from Mars who wrote (23)6/15/1999 9:36:00 AM
From: ben.
   of 47
 
Considering the elongated front end, you can hide a whole lot under the hood and if you increase the tire size, you can even cling underneath and have a friend drive. Just be careful of the long driveshaft and check for hot oil leaks. The door bell is ringing and I believe it's them..... got to hide and my Burger King manager is on the phone demanding I get there now!!!
b

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To: ben. who wrote (24)6/15/1999 9:38:00 AM
From: Bald Man from Mars
   of 47
 
is there any opening at your burger joint ???
can I get a job for 4.99 an hour flipping those burgers ...

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To: Bald Man from Mars who wrote (25)6/15/1999 9:47:00 AM
From: ben.
   of 47
 
MBA, BS, BBB etc required, but even at that, there's a long waiting list. Three of my friends already have their applications in and the manager informed me, they will no longer hire anyone with trading stocks experience because they tend to leave when the market goes up. You know, you can pawn your beloved Javelin. If this goes on any longer, that's what I will do with my PINTO, YUGO or PACER. The one that brings the most is the first to go.
ben
writing from my hiding place and getting ready to unplug, I believe they're attempting to track me.

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To: EL KABONG!!! who wrote (17)6/15/1999 12:10:00 PM
From: paulmcg0
   of 47
 
One trap that I think a lot of people will fall into is the bogus belief about averaging down, i.e., buying more at the lower price, in the belief that the stock will eventually recover. It's just a way of losing more money -- people should know the correct approach is to cut their losses and get out.

If you look at stocks that collapse, you often see an interesting pattern. There might be times when the price will go back up a little, and people will say, "See, I told you it would come back", but the trend is still down for the stock. (It's not a straight down, more like a roller coaster, going down a hill, then up a smaller hill, then down again.) What happens to a lot of collapsing stocks is that they eventually hit a point where they stabilize, and just make small movements around the stable point for long periods of time. The real difficulty is predicting how low that stable point is, and not buying a stock because it seems like a bargain, although it is still declining in value.

As far as the Internet stocks though, it's like watching limbo dancers -- how low can they go?

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To: paulmcg0 who wrote (27)6/15/1999 12:48:00 PM
From: Michael Young
   of 47
 
The scary part is that a lot of these stocks are still way UP for the year. Suggests that a true "blood in the streets" bottom isn't yet near.

MIKE

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