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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Greg Hull who wrote (23150)	7/1/1999 7:08:00 PM
From: George Dawson	Read Replies (1) \| Respond to of 29386

"People are risk-averse," says Prof. Robert Bontempo, a social psychologist who teaches at Columbia University's business school in New York. "I challenge you to find me more than a small handful of people who can watch the stock appreciate that much and not take the profit." Greg, There is quite a bit of selection bias operating here. There may have been a larger number of people willing to take the risk - only to have the stock not behave in the expected manner. I think another favorite long strategy is to cover your initial investment and let the rest ride. The decisions were probably less anxiety provoking before the advent of internet FUD. George D.