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Technology Stocks : Compaq
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To: trouthead who wrote (29952)7/28/1998 8:33:00 AM
From: Eric E   of 97611
 
what if it goes to 40?
jb

You're correct... if it goes to 40, I would lose out on the gain. However, while its just languishing in a range(say 30-35), I think it is more prudent to buy and flip a few times than to wait for the one time big rise. Hindsight is always 20-20, though if I used this strategy for the last 8 months I've held this stock, I would have already significantly lowered my cost average.

Regards,
Eric
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