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Technology Stocks : Semtech (Nasdaq:SMTC) -- Ignore unavailable to you. Want to Upgrade?


To: John F. Poteraske who wrote (1178)12/13/2000 2:48:39 PM
From: Jeff Bond  Read Replies (4) | Respond to of 1225
 
hi jp :o)

i think it has to be just about done now. perhaps it might slip into the $15 range, if general weakness remains.

what i will most likely do is secure 25% now.

if it hits $15 range, i will buy another 25%, and then buy the remaining 50% position near $20 range, as it begins to recover.

otherwise, if it finds support in $20 range, then i will simply add 25% positions at each logical stop as it recovers.

i plan on being a long-haul holder this round, no more trading this stock, its a gem as you well know.

thank you for the mention of LTXX, it is interesting.

i will power up on NTAP as well, i think this is one other company that has huge potential, especially after speaking with a pretty savvy investor about the company.

very merry christmas greetings to you as well, along with all the other posters to the thread, i totally agree with your opinion about the quality of this thread/board.

take it easy john :o)

regards, jb