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Technology Stocks : E Loan Inc -EELN
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To: jds who wrote (498)7/30/1999 5:23:00 PM
From: stockman_scott  Read Replies (1) of 817
 
<<do you use them on your holdings? on EELN? seems to me that on EELN they would be almost impossible to use....given today's range of 33-41.>>

jds: I haven't used stop losses for a few years....with the volatile internut stocks (like cmgi, eeln, and gnet) you can lose your position in a great company -- just when you don't want to. I prefer to buy and hold when I feel comfortable with the internet firms's fundamentals....at times I may trim my position and diversify after a big run-up. There are many different strategies investors use BUT I prefer to operate without stop losses.

Enjoy the weekend.

Regards,

Scott
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