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To: Uncle Frank who wrote (5400)11/27/2000 6:12:39 PM
From: waverider  Read Replies (1) | Respond to of 10934
 
LOL! Just learning from my experience Frank. No reason to watch one's portfolio get whacked. I've got a winner...you know which one that is...but I am not willing to do stupid things to prevent me from realizing the rewards from it.

Frank, NTAP is selling at an extreme valuation. There is no debate over that. Even at QCOM's highest mania Q didn't approach such levels. And you have to admit Q has a better position in a market than NTAP.

I denied all year the potential for QCOM's fall and I will not fail to learn from that. Even at $40 NTAP is no steal, but at least there is some technical support appearing there. A lot of us were saying sub $100 was a steal for QCOM, remember? It may well be looking back 5 years from now, but it would have been much more fun to buy in the 50's, eh?

No need to go through the Gorilla or ltb&h stuff. We both know the drill.

Hope we get through this week without too much more damage.

Rick



To: Uncle Frank who wrote (5400)11/27/2000 6:45:38 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 10934
 
re:You've become a Jacob Snyder clone.

In order to do that,
he'd have to buy at 50, sell at 45,
watch while the stock gyrated wildly for months,
buy and sell a few more times, and
finally take his long-term holding at 60,
while posting detailed explanations for the reasoning behind each buy or sell.

He has not yet reached that level yet.

See you two on the WCOM thread next?

BTW, I too have been lurking and watching, and thinking of making my first purchase of NTAP at........envelope please..........drum roll.........40.