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Technology Stocks : How high will Microsoft fly?
MSFT 510.37+1.4%Nov 14 9:30 AM EST

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To: Eddy Hagan who wrote (5586)3/26/1998 8:32:00 AM
From: Brian Malloy  Read Replies (1) of 74651
 
All, I can tell you is that about 6 years ago I made my first MSFT purchase of 50 shares for my IRA. Today those first 50 shares have grown to 400 after splits. It has been a 12 bagger for me.

In your post you write: "?i thought i wanted to be a long-term investor in msft,but seeing how many people feel april will be quite rocky, could it be better to have the cash on hand?"

You just have to pick your strategy and stick with it. If you are long-term MSFT then stick with that unless something fundamentaly changes with the "MSFT story". It is interesting to note that over the past three years MSFT has not traded lower than 10% below its all time high. You will also find out then when techs got hammered in March of last year and in the fall of last year, MSFT stood up very very well.

Regards,
Brian

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