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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Terry Whitman who wrote (31225)10/25/2000 3:01:47 PM
From: chic_hearne  Read Replies (1) of 436258
 
Well- By definition, you have to take a risk at some point if you're gonna play with stocks. I happen to think the risk in buying LU at 18-20 is very low.

It would need to single digits before I would think of buying it. Over 3 billion shares makes a big cap.

IF we would get below Naz 2000 and it's still at $20, I might start to look at it then.

I just see no point in opening long term positions in tech at this point, regardless of how beat up the stock is. When the "real" selling starts, everything will be sold. I think there will be better entry points down the road.
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