No. of Recommendations: 9
When the IPod came out...I was going to invest in 100 shares of Apple stock at around $16.00 a share. But Bill Gates came out with a statement saying that the IPod was a passing fad and asking the question that made me decide not to buy Apple. If the IPod holds 10,000 songs and it's a dollar a download...who will pay $10,000 to fill an IPod? So I bought 100 shares of Cypress Semicinductor. My lesson...discount anything that's said by the CEO of a competitor's company.
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