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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: nokomis who wrote (44448)6/14/1999 11:05:00 PM
From: BarbaraT  Read Replies (1) of 120523
 
Nokomis ... I share your pain, a lot of us do. I bought VERT at 79 thinking I was so smart since it was down almost 50% ... closed in the low 50's ... bought TMCS at 70 now around 23 ... bought NTBK at 41 now around 26 ... Seek at 75 now around 35 ... AWEB 37 now 12, etc. You get the picture .. and I have AOL too! I keep telling myself they will come back. Most of them will - I just have to live long enough to see it (and if the stress doesn't kill me, I will <gg>)

So you are in good company. Many of us here believe in some of these stocks for the long term. Some of mine are stinkers .. but I am sure AOL and NTBK will come back. Perhaps not to their recent highs, but good enough. I left today for an hour or so the market was depressing me so that I needed an escape. Can do you the world of good. Don't sit at the pc when you are feeling like this unless you are looking to sell. But try never to sell when you are feeling in a panic mode, not unless it was a "clear headed" decision. Some of my worst decisions were made in a panic that I regretted. I sold AOL twice in the past 2 years in a panic ... made nothing and AOL split twice since both those sells. I have learned a lesson. If you believe you have the premier company, plant your feet firmly and hold. Painful yes, but selling only to have it go up the next day is more painful, believe me.

Good luck.
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