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Technology Stocks : How high will Microsoft fly?
MSFT 476.93+0.6%Nov 25 3:59 PM EST

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To: PMS Witch who wrote (42042)4/14/2000 11:29:00 AM
From: Yogizuna  Read Replies (1) of 74651
 
It MSFT can get below 40 again, I will probably buy some serious amount of stock. In the meantime though, I will probably do my three play "average down scheme". I'm waiting to use the first third of my money allocated for MSFT now, with my proverbial finger resting on the buy trigger..... Then if the stock continues to plunge, I'll use the second stage of the money to lower the total cost basis at some support level, and so on. This strategy has worked well for me with other stocks in the past, as long as they do not go into bankruptcy court! I do tend to buy a bit early, so must be very careful here with my patience and not panic to the buy side. Yogi
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