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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: CGarcia who wrote (26441)	7/17/1999 7:39:00 AM
From: Exacctnt	Respond to of 74651

CGarcia, The sad thing about "waiting for a pullback to hop on again" is that this MSFT train may be throttling onto a different track and may not pass your way again or slow down to let someone jump on board. I am sure there are investors out there waiting for that MSFT pullback back to $1 so that they could jump on board. They have been waiting since 1987. (ggg) Good Luck.

To: CGarcia who wrote (26441)	7/17/1999 8:35:00 AM
From: blankmind	Respond to of 74651

- Mr. Garcia - like you, I learned the hard way never to sell MSFT - In fact, my latest purchase was a few shares at the $95 level about 3 or 4 months ago. And I was about to sell at the $75 level - thinkging the evil Clintonistas had finally won. - Anyway, so far, so good, stock has come back with a vengeance & all of a sudden looks like the MSFT of yesterday. - I really hope your ATHM goes up quickly & MSFT comes down a little so you can get back in. good luck.

To: CGarcia who wrote (26441)	7/17/1999 10:14:00 AM
From: Jean M. Gauthier	Read Replies (1) \| Respond to of 74651

Hi ! Can someone calculate how much your 850 shares of MSFT would be worth today, with the splits & stock appreciation. Just curious ? can someone help our friend Cgarcia here ? Thx & take care Jean

To: CGarcia who wrote (26441)	7/17/1999 10:47:00 AM
From: The Commander	Read Replies (1) \| Respond to of 74651

Off topic ... tears. ... had I held my original 850 shares of MSFT, how much would my assets be worth today(after all those splits)? ... On expiration Friday, July, 1994, Microsoft closed at $48.625 and has split 8:1 since then. The math: 850 shares would be worth $41,331.25 July 1994. Those 6,800 shares would be worth $676,175.00 today. This gives a return of 74.89% annually for the last five years. Hope this helps, Fred. P.S. Of course, don't forget commissions. You'd have 8 times the shares to sell.

To: CGarcia who wrote (26441)	7/17/1999 11:01:00 AM
From: DownSouth	Respond to of 74651

CG, I would say the lesson to be learned is much simpler and more flexible than "never sell MSFT". It is "practice gorilla investing." From the looks of your decision to hold on to AOL and buy ATHM, I would say you need to hang around the G/K thread with Uncle Frank and pick up some good ideas. I am just trying to be helpful. Your investments may turn out right, but I happen to believe that AOL and ATHM are very risky and, best case, do not expect any real appreciation in the short term. Please don't be offended. Edit: Think of it this way--If you had the money that your AOL and ATHM stock are worth right now and that money was not invested, where would you put it? Is AOL likely to outperform CSCO or QCOM? What event would cause ATHM to recover and appreciate more that MSFT or PMCS?

To: CGarcia who wrote (26441)	7/17/1999 11:42:00 AM
From: Uncle Frank	Respond to of 74651

CG, good to hear you made some money in msft again. 78 1/4 was a great buy in point; maybe you're getting your touch back again <g>. I sold my aol last week, because I'm concerned about fundamental changes in their sector, as in free computers for long term isp contracts from MSN and others. I put the aol funds into qcom, which I feel is the hottest play on Wall Street at the moment, but I didn't even consider selling Mr. Softee. I think we've got a lot more run in the old Silverback, both short and long term. Best luck in building your stake back up, Frank

To: CGarcia who wrote (26441)	7/17/1999 6:10:00 PM
From: Norm DuPont	Read Replies (3) \| Respond to of 74651

CGarcia. I'm a lurker on this site. I saw your response a few days ago and I have been thinking about it ever since. I have also seen some of the responses to your major mistake. I used to try to time the market and I have made money and lost money in Microsoft and others. BUT I have never been able to time the market and trying to time the market is for chumps... I read Peter Lynch's book beating the street. I recommend that you read it too.. It says find a good stock in a business you understand and buy and hold it, until the company or market changes. I read the book and in a similar time frame as you subscribed,I started using the philosophy and started NOT trying to time the market. I now have very large holding in Microsoft and Cisco. No taxes paid on the major gains I have made. I am now retired. Because of those decisions. Nothing has changed, so someone could start today with this philosophy. The reason I am sending you this note. Is from your post It does not look like you have learned a damn thing from your experience. Your still trying to time the market and your a chump.. I don't mean it personally, some people never learn and you may be one of them. But, Why don't you take your $30K or what ever you have and invest not speculate in a good stock. Sincerely; Norm DuPont

To: CGarcia who wrote (26441)	7/18/1999 4:07:00 AM
From: EepOpp	Read Replies (1) \| Respond to of 74651

CGarcia, i'm not sure selling MSFT at 98 and then waiting for the low 90s to get back in is a good idea. Since you had 55 shares and assuming you get 90 itself, that means you would have saved $440 minus commissions and capital gains tax. While it's always good to get a few extra here and there, you might not be able to get back in and thereby, risk an awful lot on the upside for a comparatively small amount. but that's just my opinion. EepOpp