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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: telecomguy who wrote (5303)	4/14/2000 12:44:00 PM
From: Bosco	Read Replies (1) \| Respond to of 14638

Hi tg - my existing holding in NT is good for life. I am deep into margin in the last few days, but I should be alright for the time being - or so I hope :). In fact, I still ve 5 GTC purchase orders sitting out there. best, Bosco

To: telecomguy who wrote (5303)	4/15/2000 7:26:00 AM
From: Techplayer	Read Replies (1) \| Respond to of 14638

Interest NT/LU article....I hope that both have seen the bottom. I personally repurchased some sold NT shares today at 90. Good luck to everyone. Message 13432307

To: telecomguy who wrote (5303)	4/15/2000 10:54:00 AM
From: RetiredNow	Read Replies (2) \| Respond to of 14638

Hello Telecomguy, actually I have what I consider a time proven method of handling market routs like this. Don't worry about buying in at the bottom. Just take the chunk of money you want to spend and buy in little increments on the way down. In the last week, I've picked up Nortel on two seperate occasions, and the same with Tibco and Cisco. It's hard to catch a falling knife without getting nicked, but the safest thing to do is average down on fundamentally strong stocks, starting at the point you believe the market has hit the bottom. I have done this with Cisco over the last 4 years. Basicly, whenever Cisco would go down 25% or more from it's highs, I'd start buying in little increments. I'd never time perfectly, but by the time it came back up, I made a tidy sum. The key though is that I am not a day trader, so I never sold after Cisco came back up. On top of all this, I don't carry margin, so there is no urgency for me to sell. I don't know if most of the self-proclaimed geniuses on these threads have enough money to follow a policy like this, but if you do, it might be worth your while. ESPECIALLY in down markets. Good luck and keep the faith.