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Technology Stocks : How high will Microsoft fly?
MSFT 482.97+0.4%10:19 AM EST

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To: DownSouth who wrote (18511)3/22/1999 3:19:00 PM
From: Teflon  Read Replies (1) of 74651
 
For the long haul, stocks like ATHM and ABOV are sure bets. But most people's philosophy is trading, not investing, and these stocks are going to have days where they are up twenty and days when they are down twenty. If someone here bought ABOV based on something said here or anywhere else on these Boards, and then the thing tanks and their forced to sell (assume for a second they bought on margin), then I would consider that scenario to be dangerous.

Remember, I trade options short term, and aim to buy shares for long term investing. I expect to hold my positions in ATHM, AOL, SFE, ABOV, DCLK, etc. for years. If one of these stocks does for me what MSFT has done over the past six years, then I could care less whether half of them crash and burn. And anyway, I just don't see that happening.

Teflon
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