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Pastimes : Ask Mohan about the Market

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To: Dug who wrote (15890)6/17/1998 6:16:00 AM
From: John Hunt  Read Replies (4) of 18056
 
Today's Contrarian on Technology Issues

stocksite.com

<< I continue to receive email from investors who insist that technology has been beaten up over the last few months and that we must be nearing the next great buying opportunity. Unfortunately, these people are missing the message that I have tried to convey over the last year. Buying on the dip worked for a long time, that I will concede, but this strategy will only lose you money going forward. While a 10 or even 20 percent correction in technology might seem significant to the "new era" Life without television, fax machines, cellular phones, or personal computers would be far less enjoyable, and life without modern medicine would certainly be shorter.
investor, it is really only the beginning for many of these troubled technology companies. >>

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