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Technology Stocks : How high will Microsoft fly?
MSFT 430.29-0.7%Jan 30 9:30 AM EST

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To: Ibexx who wrote (799)3/25/1997 1:20:00 AM
From: Eric Freeman   of 74651
 
It never ceases to amaze me the amount of information that is fed back and forth to justify long or short positions. Yet they often miss the most obvious facts. I re state my theme to all from my March 9, 1997 posting here. It's real simple folks - you have been fed the buy and hold on some stocks which are overpriced. Now you can hold for awhile just to get back your money, if you are lucky. I do like reading all this stuff, but find much of it wishful thinking. My advice, if you get a chance to sell on the next bear market rally do so. Be smart, buy low, sell high. As a side note: here are two examples of companies which fit the buy low theory(SEVL & CYTO ): look at the threads here on these two companies, feel the frustration of these investors, who bought high and now when they really are low, and are looking good, do not know what to do. Look at the charts on these two: where are they now? Where are they going? Now look at Intel & Microsoft- the money has already been made. Who knows where exactly they will roam from here but cheap they are not. How much more could you wish for?
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