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Technology Stocks : WTT-Wireless Telecom. -- Ignore unavailable to you. Want to Upgrade?


To: Richard Estes who wrote (2392)2/4/2000 2:54:00 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 2426
 
Richard, what if we had bought WTT when it was near 20 a few years ago, wonder how many more years it would take to break even on the buy and hold thinking. On the other hand when Jim Sheffield and I bought it in the 3s when it was AMSE emerging company, that would have been a good hold. LOL

I have found that buy and hold for many growth stocks don't work. It worked great for DELL, CISCO, etc but the high flying growth stocks often are overtaken by the competition 8-12 months down the road and/or can't keep up their torrid growth rate and get sent to the "pits".

I love small growth stocks, but very few I would buy to lock away the certificate in a safe and check a few years later. Perhaps the winners would make up for those that went bankrupt, I don't know. LOL

Bruce