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Technology Stocks : Network Appliance

NTAP 109.35

+1.9%

2:30 PM EST

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To: BirdDog who wrote (7145)	3/16/2001 12:29:20 AM
From: kas1	Read Replies (2) of 10934

IF the stock price goes to $10 in a week. I have to sell at $10 to get hit by that bullet. Not really. In fact, this is a common fallacy: the idea that a loss isn't a loss until you monetize it. But the value of your account still decreases just as much if the stock goes down, even if you don't sell. You are holding a share certificate worth $10, instead of holding $10; what's the difference? How is having the paper you hold drop in value from $150 to $10 not a "bullet" ? If I sold at $20, while you held on as the stock went to $10, do you really want to tell me that you are not worse off than I?

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