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Technology Stocks : AUTOHOME, Inc
ATHM 23.22-0.8%3:59 PM EST

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To: Jack Hartmann who wrote (19552)2/10/2000 9:15:00 AM
From: coach4def  Read Replies (1) of 29970
 
If you were holding AAPL when it dropped to 12 amid merger/sale rumors and then decided to sell it...you would be kicking yourself now.

I know this might be old strategy in light of the internet stock mindset, but "buy and hold" may not be a bad idea here.

Close your eyes and ignore it for 6 months.

A year and a half ago MOT was languishing in the low 40's/high 30's for over 6 months...this week it hit 160.

And...you really have a short memory if you don't recall when AOL went to the universal $19.95 pricing scheme, had massive server and overload problems and the stock promptly dropped to $20 a share and stayed there for the next few months.
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