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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: John Koligman who wrote (14601)10/7/2002 5:34:42 AM
From: JDN  Read Replies (3) of 17183
 
John and all: You know I am reading this pessimistic stuff all over the internet now. For those of you a little OLDER (I am 59) I will tell you about my early years in investing. Bought a stock for 30 a share in late 60's, my first real investment and it was a substantial part of my assets (I didnt even own a home). I continued to add through the early 70's and about late 72 the market took a DUMP and I watched it drop to a 1 or less. I was WIPED OUT but I didnt sell, I just let it sit. Stock paid only stock dividends. Well, come the early 90's I HAD to sell as became a conflict of interest situation as my company got some audit work from them. I sold it for MORE then $300 a share.
I think rather then worrying so much about the market in general one should merely worry about the stock they own and decide if its a survivor and has a good lock on the future with good management. If it meets that criteria then its ONLY A MATTER OF TIMING. jdn
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