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Technology Stocks : Qlogic ( QLGC ), Right time to BUY ?
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Toby Zidle who wrote (305)5/10/1999 5:39:00 AM
From: StaggerLee  Read Replies (1) of 519
 
You're risking $100 on the upside to save $10 on the downside. It's like betting the 1:5 favorite at Santa Anita. It'll probably work out for you, but it won't make you rich. The other side of the coin is, this one may never see $82 again.

I used your logic with ABOV and NTBK and missed out on the big moves. It will take me years, if not my entire lifetime, to make up for those lost opportunities. My new Karma: Never sell them while they're still going up.
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