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Technology Stocks : SAP A.G.
SAP 247.13+0.7%Dec 5 3:59 PM EST

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To: Jay Rommel who wrote (2925)1/20/1999 10:53:00 AM
From: mauser96  Read Replies (2) of 3424
 
I have held SAP since well before it's NYSE listing, gradually reducing my holdings since the listing. Today in sold the last of my SAP. On a day when NASDAQ is up 40 points and yet SAP falls below it's support level, it's past time to get out. There comes a time when it's hard for me to tell whether my reluctance to sell was due to misplaced stubbornness or to a valid belief in the company's future. Meanwhile in this kind of market even if an investment stays static, you are losing money due to missed opportunities in other equities. Now that I have removed the emotional burden of ownership, it will be easier to decide at what level (if any) represents a good chance to buy in again.
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