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Technology Stocks : Network Appliance
NTAP 113.08+0.7%10:00 AM EST
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To: Uncle Frank who wrote (5513)12/1/2000 3:03:51 PM
From: Lao Ou   of 10934
 
UF --

I was not questioning anybody's integrity, either. As you said, nobody can predict short-term stock price.

My comment earlier underscored that people buy stock higher even though they think (or predict) it will go lower (the reality is that they don't know whether it will go up or down in short-term). In the case of NTAP, that is why I bought 1/2 at 80 two weeks ago and bought another half at 47 1/2 yesterday. I think Greg understands that perfectly even though he predicted it will go down to $35.

With LTB&H, you don't need to predict.

With much respect,

Z
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