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Technology Stocks : America On-Line (AOL)

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To: RGrey who wrote (680)1/1/1999 10:46:00 AM
From: LindyBill  Read Replies (3) of 41369
 
bought at the split and NYSE listing at 60 - now 38. I live for the day SAP breaks out. Any thoughts on this?
RGrey, the only place you are locked into SAP is in your mind! It seems like to hardest thing most of us have to learn is to cut our losses. Forget about how much money you are out on SAP and ask yourself this: If you had the money you have in SAP, in cash, in your account, would you invest it in SAP or in some other stock.? Make your decision based on that type of analysis, not on the fact that that you would be "out money" if you sold the SAP. You are already out the money. If you are in a taxable account, your loss would be offset by your gain in some other stock. Face that, cut your losses, and put the dough where you believe it would be best for you!

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