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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%Nov 26 3:59 PM EST

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To: Valley Girl who wrote (103)9/14/1996 4:02:00 PM
From: cheng-heng Lu   of 74651
 
I read your notes with great interest. Would you please explain in details to answer some of my questions below:
1. How do you look for "a dominant and hopefully unbreakable market position"
2. You look for growth rate of 25%. Where do you get this data ? past few years ? or project next few year ? What data is required for this criteria.
3. Time to buy: When do you make the purchase when a company satisfy the above two criterai.
4. Time to sell. Once you purchase the stocks which satisfy the criteria 1 and 2, do you just keep it and make further purchase when price dip ? Or do you sell them when it becomes overvalued ? What is the criteria you call it overvalued? For example, at current situation what prices you will call it overvalue for MSFT, INTC, SUNW, CSCO and ORCL.
Thanks.
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