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Technology Stocks : Aeroflex (ARX)
ARX 11.67+2.7%11:30 AM EDT

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To: James T. Millican II who wrote (546)10/23/1999 12:30:00 PM
From: Casaubon   of 586
 
I am truly sorry for those who lost money on this stock.
I have watched many stocks get the axe these past 12 months.
I have seen many charts that imlpy we are in a bear market after a euphoric run on stocks. I don't believe there is anything more to this price decline than the end to a speculative market bubble.

I cashed out of my 401K at the beginning of this year and have sold most of the stock I own throughout the rallies the rest of the year. This company looks pretty good and I will soon be buying, in all likelyhood. I have been through this kind of thing and it took 2 years to recover. It was a very hard lesson but I learned to take small losses, even if it meant missing out on an oppurtunity. I also learned how to properly hedge my investments through the options market because of a similar scenario. All I can say is the stock market is far more dangerous, at this time, then people realize.
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