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

To: Jill who wrote (529)	10/5/1999 7:10:00 PM
From: MulhollandDrive	Read Replies (3) \| Respond to of 6516

Jill, Buy and hold isn't always the best way to invest. Take a look at the MU chart for example. 5 years ago investors bought the stock at $90. I'm sure there are still some shareholders "waiting to get out even". So the timing of your initial purchase is critical. It makes "buy and hold" a lot easier, not to mention your selling decision. I don't consider myself a trader. I normally hold stocks at least several years. But I frankly could not imagine sitting thru 5 years of red ink like many of the MU investors had to endure. bp