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Technology Stocks : Network Appliance
NTAP 109.43-0.2%Nov 14 9:30 AM EST
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To: H.A.M. who wrote (3959)8/13/2000 4:11:45 PM
From: Uncle Frank  Read Replies (1) of 10934
 
>> Isn't it just better to buy and hold companies with great fundamentals for the long term?

I think so. It takes a far greater degree of due diligence and discipline to focus on the long term prospects of a company than to trade it, but the potential for reward is much higher. Comparing my wife's 572% return since buying ntap on 8/5/99 to Jubak's non-productive trades, it is clear that she was wise to ignore the painful short term swings in valuation.

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