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Technology Stocks : Tekelec -- Ignore unavailable to you. Want to Upgrade?

To: James W. Bradsh who wrote (1590)6/28/2001 3:00:00 PM
From: BWAC  Read Replies (2) | Respond to of 1648
 
James,

As I've discussed with Jake before and I was proven wrong, I wouldn't touch TKLC until it got near $10. I want no part of what could be a violent downdraft in the stock price. And TKLC is what I consider one of my favorite companies. I like management, I like their technology holdings, I'm chicken of the price in this environment.

I trust we all remember how fast the support went away in late 1998 to early 1999 as TKLC fell from $20 plus to $10 twice in quick fashion. Look at a 5 year chart, it will show when to buy and buy without fear and buy big.

It can be a good trader for the very nimble. But its not something I want to hold until I can buy it for under or at a $1 Billion valuation.



To: James W. Bradsh who wrote (1590)6/28/2001 3:03:58 PM
From: JakeStraw  Read Replies (1) | Respond to of 1648
 
>> The other option I'm considering is to dollar-cost average in over the next 6 months

Since timing the market is next to impossible, that would seem to be a wise option if you are more of a long term investor.


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