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Technology Stocks : Vignette Corporation (VIGN)
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To: Wizard who wrote (335)4/13/2000 10:45:00 AM
From: Trader Dave  Read Replies (1) of 628
 
I can't say we have any "hot" picks since we don't operate with a short term horizon. I look at vignette as expensive short term and reasonable with a 2 to 5 year horizon.

Despite the correction, I think most of what we own is expensive and only feel comfortable that we'll be making money by using an 18 month or longer time horizon.

But that's the way I feel whenever the market is in this type of trend. I didn't expect to recover from our october 8th 98 lows until the end of 2000 since i thought 1999 was going to be a y2k lock down year. so what do I know?
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