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To: sea_biscuit who wrote (5933)	1/25/2001 9:36:56 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 10934

>> The high P/E ratio stocks are susceptible to a 50% decline no matter what price you buy them at. Maybe they will make good long-term investments at 10 or 12 times earnings. The way to handle these stocks is to trade in and trade out quickly after a 15% gain (or a 7% loss). All you wind up with are the crumbs off the table that way, Dipy, while the ltb&h guys get the meat <lol>. I'm a relative newcomer to ntap compared to others around here, but my first buy on 8/5/99 was at 13 3/16, a 328% return in 17 months even at today's low closing price. I don't see traders sporting those kind of results. uf