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Technology Stocks : BAY Ntwks (under House)
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To: George A. Roberts who wrote (5576)4/30/1998 12:28:00 PM
From: Doug  Read Replies (1) of 6980
 
George:The 2nd tier tech stocks are not meant to buy and Hold. The price charts of these 2nd tier, approximate to waves at best. They can not show steady growth because that is an intrinsic quality of 1st tier stocks which BAY is not.

Many of us have been brainwashed to " buy and hold" or till death do us part. In the case of BAY, that has resulted in a buy and hole. Your best strategy is to plot the next wave and exit near the top as momentum fades.

I certainly would not recommend holding on beyond the next wave.
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