Symantec (SYMC) - What does it look like? Message Board

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Technology Stocks : Symantec (SYMC) - What does it look like?

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To: Keith Zhang who wrote (180)	9/6/1996 6:31:00 PM
From: Richard Query	of 2069

Keith Anyone who never losses on any investments is new such as yourself or is willing to hold on to a bad investment until/if it comes back. A good case & point was Home Depot 5 years ago it was around $50.00 then droped back to $40+/- and just sat there for the next 4.5 years. So anyone that got in around the high and wouldn't take a loss made no money (not even counting infation) for 4.5 years. The real trick is to figure out when to bail and when to hold. People that hold stocks like this are the first to sell when it gets back to were they bought it at, compounding there mistake by selling when the stock is finally producing. I have been in and out of SYMC a couple of times and will more than likely buy it again. IMHO buy and hold stratagy is pushed by the brookers so they can reap the big profits and leave the crumbs for the little guy.

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