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Technology Stocks : Micron Only Forum
MU 286.68+3.8%Dec 24 12:59 PM EST

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To: Trey McAtee who wrote (23415)11/2/1997 11:14:00 AM
From: PeterR1700  Read Replies (1) of 53903
 
Trey - << TAKE PROFIT.>> Such is sage advice which I infrequently take advantage of. However, in the bull run, I managed to do quite well and trebled my holdings which is just fine by me. Unfortunately, the current market has reduced some of the profits making me somewhat of an "involuntary investory." The good news - I believe in everything I own and have been fortunate with this long term strategy.

I don't trade puts nor calls. My day job is intense enough so the market is an investment, not a business so to speak.

Your MU analysis (perhaps going to the low teens) was very helpful. I'm looking for things that - over the long term - make sense. Ex: I just bought some CPQ in the low 60's. 5 years from now I have confidence it was the right thing to do. MU - I'm not so sure of.

Again, thanks for your thoughts. Any more are greatly appreciated.

Peter
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