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Technology Stocks : USRX

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To: Joe Fang who wrote (10561)2/7/1997 11:37:00 AM
From: H. Nguyen   of 18024
 
<<As much as I like Peter Lynch's philosophies...they don't seem to work for technology stocks.>>

Fang, maybe you should stick with your biology major and forget about going for the MBA. I don't see you have what it takes either. But pretend that you had invested in some of the quality technology stocks for 3 years or more: Microsoft, Cisco, Intel, US Robotics. The appreciation of the first 3 is about 400% each, USRX is about 800%. Even in just 2 years, the results were excellent. Lynch wrote his best stocks were those he had bought 3 to 5 years before, not 6 - 12 months. Again, Fang, the first thing is patience, and I have to emphasize in case you missed what I write (and Lynch buys): quality stocks, technology or not.
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