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Technology Stocks : Perot Systems (PER)

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To: Belinda S. who wrote (319)2/10/1999 12:27:00 AM
From: Achoo  Read Replies (1) of 542
 
I am down almost 1200 now, and don't want to lose anymore.

I know this sounds patronizing and don't mean it to be but...

Ask yourself why you bought PER in the first place. If those reasons still seem valid, then keep your stock. You might even decide that it is more of a bargain at the lower price and buy more.

On the other hand, if you bought PER with the idea of selling it for a quick profit only, then now is a good time to consider cutting your losses and getting out. To me trading an IPO within a few days of its original offering is little more than gambling.

No one wants to lose money, but we take the risk in order to make money. Each of us has to decide the point at which fear balances with greed, and make our investment decisions accordingly.
MarkN
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