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Technology Stocks : MetaCreations (MCRE) - Detailed Goo in a Soapy Dream

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To: Gambit who wrote (677)6/30/1998 6:54:00 PM
From: Pete Mason  Read Replies (3) of 846
 

On Wall Street, you're supposed to buy when there's blood in the streets (i.e. when the stock price is low), and sell when it is dear.

This is absolutely, posilutely, the wrong time to sell.

In My Humble Opinion, of course!

I bought a fair amount today; I may again tomorrow.

The stock is quite close to book; its products are the same as they were last week; the future could easily be bright for this company.

So what if you have to ride a few months or quarters with the stock in the dumper; clearly, the upside is brighter than the downside at this point.

Putting my money where my mouth is,

FWIW,

-- Pete
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