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Technology Stocks : LRCI
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To: WallStBum who wrote (18)5/8/2000 6:23:00 PM
From: GARY P GROBBEL  Read Replies (1) of 21
 
Dax...yup. we wait.<GG>

believe me when i say i don't like waiting. i wish i could get my exit price a day or two after i buy. waiting is tedious, boring, and at times painful. as time goes by second guessing can set in and those mental and emotional gymnastics can turn what seemed to be a great idea at the time into maybe, coulda, shoulda and finally what am I doing with this piece of garbage in my portfolio.

But...i try and look at waiting as a part of the process. at times we are favored by the fates and don't have to wait long at all. other times it can be a month to 3 months to 6 months. about 80% of the time i find the wait was worth the return. and once you get a feel for a stock there is much that can be done in that intervening time above and beyond your core position.

this all works out just fine in the end IF IF IF IF you picked the right horse to begin with. and that is a BIG if.

i think we have a good horse here and i am curious as to the foretold event coming up as mentioned in the pr.

gpg
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