Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: Farfel who wrote (5669)	6/17/1999 5:05:00 PM
From: Chuzzlewit	Respond to of 7342

joej, I think perhaps you misunderstood my post. I was making exactly that point. Buy and hold is a superior strategy to timing. Look at the math in my post for confirmation. TTFN, CTC

To: Farfel who wrote (5669)	6/17/1999 5:09:00 PM
From: DMaA	Read Replies (1) \| Respond to of 7342

To be fair to Catherine I don't think she advised anyone to do anything. Seems to me she was more taking a swipe at analysts than TLAB. I take shots at 'em myself from time to time.

To: Farfel who wrote (5669)	6/17/1999 11:24:00 PM
From: Katherine Derbyshire	Read Replies (3) \| Respond to of 7342

>>Unfortunately, I took Catherine's advice----or some other T/A's advice---and sold----nice little profit----but none of the following runups and splits------a bit short of the 1.4 million I would have had I just held the stock.<< Nope, it wasn't my advice. I'm actually a buy and hold type myself. I think you're missing my point, though. Point being that (as I think Peter Lynch said) just because the stock goes up, that doesn't mean you were right. Just because it goes down, that doesn't mean you were wrong. The trade isn't a winner (or a loser) until the money's in the bank. That may be next week, or it may be 20 years from now, but until you transform the stock back into cash, it's just so much paper. Everyone always asks when was the right time to sell Microsoft or Walmart, but is anyone bragging about holding on to Boston Chicken or Iomega? (Just ask the Internuts, who looked like geniuses in mid-April but have lost ~50% or more since then.) Katherine