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Technology Stocks : Amati - MAIN THREAD

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To: Techie who wrote (495)7/2/1996 3:13:00 AM
From: Tera Bit   of 700
 
Techie,
I do not smoke. I gave it up a few year ago. Anyway, I was just trying to keep it lite. It seems like every time the stock retreats or barely moves, some feel like it is the end of the world. Likewise, when the stock moves up a few points it is "party time".

Isn't this a market? It is pretty rare for a stock to move up in a straight line. (like CSCC ;) It is also rare for a stock to not occasionally retreat. This too shall pass. I do not know when.

As for your CSCC post, I understand what you are feeling. I almost bought it a couple weeks ago myself but since it, AMTX and the entire sector was headed south I choose ADCT and their comparatively small PE instead. I just could not stomach CSCC's PE. They are certainly a great company but CSCO looks cheap compared to them.

I guess if you are going to hold it a while it will do well.

Daniel

PS: The Germans/Pearl Harbor stuff was from John Bulushi's classic Animal House speech when he was trying to inspire his commarades.

By the way Hank is right, Ipsilon is going to be HOT
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