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Technology Stocks : Gemstar Intl (GMST)
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To: Paul Merriwether who wrote (520)10/5/1999 6:37:00 PM
From: MulhollandDrive  Read Replies (1) of 6516
 
>>If you want to time the market, best
luck to you. I'd rather invest in a company that I perceive to be a MSFT or a QCOM
in the making. To each his own...<<

Really Paul? So if I wait a few weeks, I'm screwed? Is that what your saying? If it's a MSFT or a QCOM "in the making" will it really matter? I think you forget that I am just in GMST as of last month, and my cost basis was about $73. But I put a fairly substantial amount into the stock. I see no reason to have that money possibly sitting "idle" for months. Of course your scenario may be correct and if so I can always re-purchase once the upward trend is re-established. It's called preserving capital.

bp
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