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Technology Stocks : All About Sun Microsystems

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To: Lynn who wrote (14985)3/28/1999 9:23:00 AM
From: JDN  Read Replies (1) of 64865
 
Dear Lynn: I have ALWAYS espoused that theory (once held a stock nearly 25 years and sold around $350 with a basis of about a $1.) But, I have held INTC for about two years now and have rode it UP and DOWN and now it appears to be going UP again. I am beginning to think that in some of these technology issues you should sell them at the high and wait for the low which would have to be well below a 30% drop to make it worthwile. In the "good ole days" I seem to remember stocks going up slowly BUT STEADILY. Now we are so doggoned Volatile I just dont know for sure what the right answer is. JDN
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