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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (1566)12/18/1997 3:48:00 AM
From: Berney  Read Replies (3) of 11051
 
DJ Re: Dead wrong once!!!

The best quote I've seen in a long time was posted by Bill on
the Big Kahuna thread -- "One of the surest ways I have of losing
is to win... instead of sitting back, I usually rush back into
something stupid thinking I can do no wrong."

Nonetheless, INTC IMHO is the tech sector. So goes INTC, so goes
Tech. I'm sure others may have their favorites. The break of 70
in the short term is of critical importance to those trying to figure
the entry point. I simply believe that for most folks, the tax
loss selling will occur right after Christmas when they have the time
to deal with the issues.

Sooo, I just sit on the sidelines doing that which I'm most
comfortable with at this time of year -- nothing. But, I agree
with you that with stocks like INTC it is the exit point that is
more important than the entry -- and I'll add -- what you do next.

LHSG is not in my 7800 stock database; thus, not in my universe.
But, did I get the PE right 193.5!!! Wow!!! Undoubtedly, it will do
great, but outside my comfort zone.

Berney
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