Digital Equipment Corp. (DEC) Message Board

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Technology Stocks : Digital Equipment Corp. (DEC)

DEC 14.05

-2.1%

9:30 AM EST

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To: hossein hosseini who wrote (2653)	1/1/1998 9:27:00 AM
From: Tom M	Read Replies (3) of 3276

Hossein, I had the same thoughts looking back on DEC but still think it would have been a good hold if not for the SEA meltdown. I mentioned before I usually trade stock, pretty much in line with your 20% target, but DEC was my one "investment" I wouldn't sell due to its greatly improved forward fundamentals. This was obviously the big mistake - I fell in love with the stock, the market is not rational. Previous to your post, I've already written a note on my computer saying "thou shall trade, thou shalt not invest". As for DEC's recent action not even partaking in the recent rally (which certainly would be a sucker rally with SEA being real - if the market were rational ;-)), seems like everyone has more confidence in it going down before it goes up again. Oh well, we'll have another chance at it this year. best to you, Tom

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