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To: golfinvestor who wrote (91038)1/2/2001 1:01:59 PM
From: ratan lal  Respond to of 152472
 
According to Buffet you should be happier if stock price goes down since you can then keep buying it cheaper and cheaper (of course if you never sell).

Only problem with that statement is that you need unlimited amount of money to keep buying. When you run out of money and the price keeps going down, others are buying your assett at a discount while you look on helplessly.



To: golfinvestor who wrote (91038)1/2/2001 1:46:12 PM
From: marginmike  Read Replies (2) | Respond to of 152472
 
Buying something fundimentaly good at the wrong price isnt to smart. These Naz stocks are STILL to expencive and as the NAPM displayed the economy is grinding to a halt whille prices are going up. This will create an earning squeeze. Be carefull!


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