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To: DownSouth who wrote (5307)11/21/2000 4:43:04 PM
From: MulhollandDrive  Respond to of 10934
 
It really depends on what you mean by LTBH.

I would watch the fundamentals of the company and IF they continue to gain market share qtr/qtr and maintain dominance over competitors, I would hold the stock. Of course, this assumes an over-arching, ascending market. And that being said, it's much easier to "hold" if your entry level is correct. I doubt that the buyers of NTAP at $150 feel too comfortable about holding here. OTOH, if they truly understand the fundamentals of the growth potential (and believe the story is intact), it would be make sense to increase their stake at current levels..

I don't expect to be able to time "bottoms", but if the past is any indication, NTAP selling at a 50% discount off of old highs warrants consideration for purchase.

Of course this time it could be different <vbg>