Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: werefrog who wrote (60379)	8/6/2001 8:16:35 PM
From: Timetobuy	Read Replies (2) \| Respond to of 74651

I don't know. What is a frog? Someone that jumps in and out of the market? I don't really want to be a frog, but for the time being, that looks like the best idea. I bought a bunch of stocks in Oct. 1998. I didn't really watch them all that much as most were in my son's college fund and my retirement account. I had to go to South America for business reasons for much of 1999 and early 2000. When I returned, my stocks were in the stratosphere. I sold everything. The valuations were ridiculous. I bought a few stocks in April and since then have traded some of them. I do not think that the economy looks good and valuations are pretty high so I'm looking to add some for a long term holding if valuations are good and trading some that are in trading ranges. Msft is too high valuation wise for me to even consider taking a buy and hold position in it, but it might be worth trading if it falls more. It's probably fully valued at 40 considering the growth rate so if that is the low on it, it's not worth holding for me. Valuations like this will only cause the stock to languish in a trading range for years. It will be like Coca Cola. A wonderful company and a stock that goes nowhere.