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Technology Stocks : ADC Telecommunications

ADCT 4.035

-3.0%

Nov 7 9:30 AM EST

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To: John Finley who wrote (758)	12/2/1999 5:08:00 PM
From: OldAIMGuy	Read Replies (1) of 1944

Thanks John, It's somewhere between Buy&Hold and ST Trading. I'm a "reformed" trader from over a decade ago. Had serious "Ticker Addiction" back then. Heck, now some days I forget to even look at the market! :-) Soaring P/E's have spooked me as well. Nasdaq 100 stocks, S&P500, etc all seem to be very fully priced. I guess that's why I don't mind taking a few $$$ off the table once in a while. BTW, Toy companies seem to do very well with the Lichello method. So do specialty retailers, travel/leisure and other annual cyclicals. Up in the Fall for toys, Up in the Spring for travel/leisure. Then it's usually coast the rest of the year. I used to have a ball with Club Med Inc. until it was bought back by the French parent. Loved their annual reports! Best regards, Tom

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