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Technology Stocks : SONS
SONS 7.830+2.8%Nov 28 4:00 PM EST

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To: carranza2 who wrote (950)3/2/2007 5:35:48 PM
From: estatemakr  Read Replies (2) of 1575
 
Well C2, I certainly hope you are right, but fear you are wrong. SONS has had a GREAT run and come a long way the past year. Considering that this is still a "story of the future", and expectations are high and getting higher by the day, execution risk becomes a factor. Additionally, it seems to me that if the market corrects further(which seems likely), it would be nothing for SONS to retrace back to the 5 1/2 - 5 3/4 range(former resistance which becomes support), and still be in a bullish uptrend. I was thinking just the opposite of you, that I may lock up some big profits and look for a likely lower entry point. I think we've seen the market highs for 6 months or so, unfortunately :-( My thought process becomes can I lock in profits now and find another entry point low enough to offset the capital gains taxes I would owe. Trade it versus long-term hold.........decisions, decisions........

Have a great weekend and a few beers after this lousy week!!!!! I'm afraid a fowl meal awaits you.... :-(
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