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


To: Farfel who wrote (5687)6/18/1999 6:34:00 PM
From: Katherine Derbyshire  Read Replies (1) | Respond to of 7342
 
>>Show me where Lynch said that Katherine: I have all his books and never read any
such thing. He did say that just because a stock goes down, doesn't mean that it
can't go lower. But then, what has that to do with Tellabs???<<

One of the "Twelve Silliest Things" (Chapter 18) in "One Up On Wall Street" is:
"If I had to choose a great single fallacy of investing, it's believing that when a stock's price goes up, then you've made a good investment."

And it doesn't have much to do with TLAB. He strongly recommends that people stay away from "hot stocks" and technology stocks. If you're such a believer in Peter Lynch, why did you buy TLAB in the first place?

Katherine