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Technology Stocks : How high will Microsoft fly?
MSFT 506.00+1.8%3:59 PM EST

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To: Frank Ellis Morris who wrote (41898)4/12/2000 5:37:00 PM
From: werefrog  Read Replies (1) of 74651
 
"Havings lost much of my life's savings recently"

Frank: That is the reason one must sell to cut losses. Did I ever tell you the story of a stock I bot for $1 years ago, it went to $31, I refused to sell, it went to $20, I certainly was'nt going to sell since I had the opportunity to get out at $31. Did you know that dog went down to zero, bankrupt and instead of makin $31,000, I lost $1000. I saw IBM drop from 175 to 40 a few years back.
I changed my money management, if a stock goes down even a fraction and I own it, it is very close to getting sold. JH
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