Forum Archive Index - April 2000

["Mike Hudson" <mikehudson@clear.net.nz>]

Nigel

Couldn't agree more. I read somewhere that 80% of day traders lose money and
I believe it. I don't see how the average bloke can out guess the
professionals.

I have just started investing on the Nasdaq In my usually conservative way.
I am looking at the restaurant sector which has been a bit of a poor
relation for the last year or so and am currently grinding my way through
the research on 50 or so companies - fascinating. I have bought into a
couple so far and the next step will be to hop over there and check them out
first hand - tax deductible of course!

Software is another area that I would like to look at (PRGS is one I am
looking at). Perhaps you would share the names of the companies you are in
as you have obviously done the hard yards.





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