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Technology Stocks : Micron Electronics (MUEI) -- Ignore unavailable to you. Want to Upgrade?


To: Mario who wrote (2118)10/27/1997 9:01:00 PM
From: Paul Viapiano  Respond to of 4074
 
To bobgh,

Don't buy at market opens...



To: Mario who wrote (2118)10/27/1997 9:30:00 PM
From: Uncle Mikey  Read Replies (1) | Respond to of 4074
 
I feel a little like I might have stepped out into the path of a speeding train, but I bought MUEI today at $14. It might go to $12, I don't know, but $14 is a good price.

Mario - I think your "cashless" situation is going to by one of the hardest obstacles for this market to overcome, meaning that most everyone is already fully invested. There may be a lot of "churning" in which investors sell loosers to take a loss and put the proceeds into something with more potential. That's what I did in the case of today's buy.



To: Mario who wrote (2118)10/28/1997 8:40:00 AM
From: jedi trader  Read Replies (1) | Respond to of 4074
 
Hi Mario---

Not jumping yet. I agree as soon the big boys decide the market has fallen enough and start buying watch out. IMO it would be a mistake to sell now because you may miss that one day when the market jumps up and you're not paying attention. The best thing to do is to TRY to stay put and let the market run its course. Besides what can we do with our couple hundred shares make the market go up.

Good luck and May the Force Be With You.

Jedi trader