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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (38127)	2/19/2000 1:45:00 PM
From: Valley Girl	Read Replies (1) \| Respond to of 74651

Thanks for letting us have a peek at your strategy. I'll be trying to devise my own plan of action this weekend. Probably I'll do nothing since the price is so low now I really don't feel like selling. Otherwise I'd like to sell anywhere from 4000-8000 shares. You imply you'll hold if it starts to recover, whereas I'm thinking I might sell into any strength I see. One strong possibility is to dump 4000 on the opening bell and hold the next 4000 for a hoped-for dead cat bounce. That would still leave me holding 8000 shares (whimper). I've lost $300K in just a few weeks. Worse, the stock's gone net nowhere for a year in a raging bull market. I'm basically a long-term investor but even we can't afford to be infinitely patient. Things change and you either change with them or go broke.