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Technology Stocks : American Power Conversion

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To: Bob Walsh who wrote (1721)	8/11/1997 7:38:00 AM
From: Phillip Crone	of 2574

Bob, decide if you want to hold this stock for years or months. Even the best long term stocks in the world take 10 to 30% dips over time. As I said in a previous post if this stock does drop back down to 21 buy some more if you have some dry powder. If it goes back to 15, then buy some more. If it goes back to 10 then borrow all of the money you can and watch it go to 20 and you can retire. Don't sell if you still believe in the company or if you don't have anything better to buy. I believe you should have your long term investments and you fun money. Don't confuse the 2. My fun money may be larger than most people's investments, but I still can seperate the two. The only stock I am long right now is my own company's stock which is MCSI. I am restricted from selling this for another 8 months but I won't sell it then because I believe in myself and my company. I have my 401k money in money market funds and I have my long term investment portfolio in gold mutual funds. Take care, PHillip.

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