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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (7191)	10/27/1997 10:52:00 PM
From: Rick Voteau	Read Replies (1) \| Respond to of 13949

Jeff, I continually remind myself of my objectives with Y2K stocks. My objective was not to sell until at least 2nd quarter 1999 which is when I believe the mania will peak. Unlike many, I believe the stocks won't peak until after 2000 because there will be all sorts of cleanup work. ie. shoddy conversions with no testing. I'm sticking with my objectives. I may live or die by them but the only way I have been successful is to stick to the objective unless something changes and not the price. Hey, you were touting Alydaar when it was at 11 and it went to 8. Big deal, it doubled. I bought Forecross at 9 and it went to 3 before it went back up to 13. Had I not stuck to the objective I would have sold and lost. Tech's objective is to play the fluctuations and I think that is great. It is just not my objective. Every mistake I have made has been from impatience. It may go down tomorrow but next year will be very very good. I can wait. Wonder who can't???