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Technology Stocks : BMC Software
BMCS 0.008200.0%Nov 7 9:30 AM EST

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To: joe feirouz who wrote (1227)5/2/2000 8:06:00 PM
From: Conan   of 1492
 
<Are you glad?>

Clearly I'm not glad today since NSOL has fallen about 40% while BMCS has been flat. The NASDAQ carnage has certainly been brutal. Thank God I do own a significant position in a DOW stock (PVN).

I don't see much upside with BMCS right now; that's why I moved out. Perhaps in the future I will have cause to be happy with this move. Investing is a medium to long term game for me. The only score that counts is how well you do when you close out your position. Stocks and companies are valued on a day-to-day basis on the last share trade from one day trader to another. You can't say that is how much the company is really worth.

Conan
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