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Technology Stocks : Brightpoint - CELL

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To: steve beckle who wrote (1323)1/15/1999 9:52:00 AM
From: Grabs  Read Replies (1) of 1999
 
Steve - you have a good point, and I blame the media and industry analysts for the push towards short term trading.

Basically for me, I'm a long termer when the stock I buy goes down and therefore I have to hold it a long time to get back to even. :-)

Actually, I see no reason to sell CELL (no pun intended) in the next 12 months, unless, as you say, major trends change and cell phone growth slows dramatically.

One thing that having a short term view allows oneto do is to keep up with the company and be a more informed investor. However, I agree that the analysis of intraday movements is a bit excessive unless you are really a day trader or are playing with options.

JMO
Grabs
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