To: Tai Jin who wrote (6375 ) 7/18/1999 9:45:00 AM From: Loren S. Read Replies (1) | Respond to
The problem with getting out and watching stock momentum to come back in is that you lose the tax benefit of holding long term. I can understand the existing and emerging frustrations coming out on these message boards. Quite a few folks appear to be openly discussing getting out of the stock right now. That can be quite contagious. But we all have to put the whole situation in perspective. What is most frustrating is that we aren't making money. Some of us are losing a bit if we bought at higher levels but generally it's pretty much a wash for most of us. While we sit here not making any money, we watch the DOW rise 30% a year, the internet stocks all go through the roof, and for those of us invested in pennies, many pennies make 2,000 % runs. So it all comes down to expectations.
