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Technology Stocks : Gemstar Intl (GMST) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Merriwether who wrote (520)10/5/1999 5:08:00 PM
From: Eric L  Read Replies (2) | Respond to of 6516
 
Paul,

<< If you want to time the market, best luck to you. I'd rather invest in a company that I perceive to be a MSFT or a QCOM in the making >>

I'm with you. I feel I've done sufficient DD not to wait, so I'm happy to be in. Actually I've ridden the DD of you and others.

- Eric -



To: Paul Merriwether who wrote (520)10/5/1999 6:37:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 6516
 
>>If you want to time the market, best
luck to you. I'd rather invest in a company that I perceive to be a MSFT or a QCOM
in the making. To each his own...<<

Really Paul? So if I wait a few weeks, I'm screwed? Is that what your saying? If it's a MSFT or a QCOM "in the making" will it really matter? I think you forget that I am just in GMST as of last month, and my cost basis was about $73. But I put a fairly substantial amount into the stock. I see no reason to have that money possibly sitting "idle" for months. Of course your scenario may be correct and if so I can always re-purchase once the upward trend is re-established. It's called preserving capital.

bp