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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: tero kuittinen who wrote (2937)	12/6/1999 5:35:00 PM
From: Diamond Jim	Read Replies (2) \| Respond to of 34857

tero, it is a bit agonizing trying to figure out what to do, hold it, sell it, buy it back at a more reasonable PE. But if the stock is going to go to the moon, I love the ride, just when do we jump off? While the volume was big today, it certainly isn't big by other large cap standards. Any idea why Nokia doesn't trade 20 million shares on days like this? jim

To: tero kuittinen who wrote (2937)	12/6/1999 8:47:00 PM
From: DaveMG	Respond to of 34857

<I would be covering Amazon if I was into ulcers> This is QCOM's revenge.. And you thought you could escape.. Seriously, you're not supposed to worry about this sort of thing if you're a long termer unless the overvaluation becomes terminal, ie the company has no chance of growing into the P/E, P/sales ratio over a reasonable amount of time. The road is littered with the corpses of those who sold for no other reason than "the thing got too expensive" and who missed huge portions of the run..