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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 239.12

+0.4%

Jan 16 9:30 AM EST

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To: Bretsky who wrote (37806)	2/1/1999 4:14:00 PM
From: GST	Read Replies (1) of 164684

Bretsky <Do you think this is a foolish strategy long term ??> No. But do you hold any cash in the event that stocks go "on sale"? Tech stocks are very richly priced. What you might want to do is prune a few of your picks and hold a little cash. Day trading is seductive, but you can end up being so clever that you spend more time than you planned and maybe end up worse off. If you are long-term, don't trade too much. The old expression is buy low, sell high -- tough to do in practice. One you did not mention that might be coming out of the doghouse after being 'ahead of its time' is LSI. I just made a little money on it last week. It has capability in a number of key tech areas and the stock ran up a couple of years ago in anticipation, then sold off when expectations were not met. Now, it seems that cable modems, systems on a chip, DVD and some other things that it makes money from, are coming on strong. Might be worth a look. Good luck. And don't waste all your time on this. And, if the DOW pulls back a thousand points around here, you will be glad to have a little cash on hand.

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