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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX) -- Ignore unavailable to you. Want to Upgrade?

To: doormouse who wrote (392)	7/9/1999 1:41:00 PM
From: Bretsky	Read Replies (1) \| Respond to of 1983

K I'm not expert, but I often struggle with the same thing and since I only pay $7 per trade, I just buy 1/2 the shares I want initially and add more later. Kind of like insurance. If the stock goes down you can average down, and if it does take off and go up it's a dam good feeling anyways. MFNX undoubtedly qualifies as a stock whereby the more you snooze, the more you will continue to lose. Best Regards, Brett

To: doormouse who wrote (392)	7/9/1999 3:04:00 PM
From: Dale Baker	Read Replies (3) \| Respond to of 1983

oh hell, what's wrong with me...! Excessive, unwarranted, unproductive hesitation? Trust me, I know. Last fall I had a limit order for MFNX that missed by 1/2 point. That was at $25 then, or about $6 split-adjusted. I bought in January at $18 split-adjusted. Moral of the story? Buy good companies at the current price and hold them long enough to benefit from their appreciation.