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To: Katherine Derbyshire who wrote (5694)6/30/1999 5:30:00 PM
From: Farfel  Read Replies (1) | Respond to of 7342
 
That sentence is taken out of context Katherine and as we both know such out of context statements can be misinterpreted to mean nearly anything anyone wants. I don't believe that Lynch would consider a 20 "bagger" ( his term) as a momentary "up" for a stock and a definitive series of 31 up quarters doesn't mean that the stock is only a temporary "up".

If you truly believe that to be a general statement, then the entire market doesn't make sense because "making money" is the bottom line no matter what anyone says. As for Lynch and technology, he really retired just at the beginning of the tech revolution and I don't consider his view on techs as mine-------he might not have been informed about techs----I am, and so following his advice about "buying what you know"----that's what I buy, the techs; just like I had positions in Broadcom which went up +18 points today or +30 points for the last 3 days----I am into "broadband" and thus I invest in Broadband.

joe