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To: Uncle Frank who wrote (5406)11/27/2000 7:11:10 PM
From: kumar  Read Replies (2) | Respond to of 10934
 
<<current levels as an excellent starting point for those who are trying to build a ltb&h position>>

UF, I'm looking to add to my existing NTAP position. I am also not keen on catching a falling knife. So, over the past week or so, I've had buy stops in place, which have not yet been filled, and every couple days, I lower my buy stop.

Not bottom fishing, but waiting to catch on the rebound...

cheers, kumar



To: Uncle Frank who wrote (5406)11/28/2000 8:15:32 AM
From: im a survivor  Read Replies (1) | Respond to of 10934
 
<<Imo, if we're not at the bottom, we're close. Unless your objective is to find the bottom for a quick flip, I see current levels as an excellent starting point for those who are trying to build a ltb&h position. But that's jmho.>>

Well, that makes me feel better because I am looking at ntap as a long term buy and hold. With that in mind, I dont think $10 here or there makes a huge differance. I avoided it at very high valuations...would not chase it ( well, maybe I would have if the rest of the market wasn't kicking my a$$ <ggg). When it got chpped in half, I took my first small position at $78....added to it yesterday at $60 and am prepared to double up at $40.....again, thinking of the long term here.........

Keith