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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Yiren Huang who wrote (12339)	10/27/1997 8:20:00 PM
From: Dennis	Respond to of 27012

Ronnie, Strategy is hang tough !!! The big boys will not scare me out. As a matter of fact I will be buying pfe tomorrow and mayber some more drillers. Why should they have all the fun.gg You are right, 5 years from now we will be way ahead. I don't use margin at all. To chicken. Good Luck, Dennis

To: Yiren Huang who wrote (12339)	10/27/1997 8:39:00 PM
From: royco	Respond to of 27012

Ronnie, Re: NAZ @ 1300 Think it may happen, but believe too many speculators ignored the signs of a melt-down 3 -4 wks. ago. I posted to Tony on the main thread tonight, have always believed fully in Frank's approach that time-horizon is the key. Trading in retirement plans may seem appealing to some, but NOBODY can time a market. Buy on the fundamentals, hold for the long term on the great cos. and reap the rewards. 3 -4 weeks ago I sensed too many rationalizations for big drops in INTC, others. Could not see buying into techs, even tho' tempted, esp. CPQ. Held off & glad to have resources to ponder in the next month. Margin calls, fund redemptions, herd mentality killed the short termers.Cash is nice to have, esp. in Self-directed ret. plans; Once things settle down (IMO by mid to end of Nov.) the true investors will benefit. By next year and beyond, those of us who stayed the course will prevail. Regards, Royco P.S. Sonny, If you're reading, hang in there. I still like UIS, it should double by '98!