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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: Parker Benchley who wrote (8103)	11/25/1997 11:39:00 PM
From: Jan A. Van Hummel	Respond to of 14577

George, I have held off buying additonal, but will likely buy some more and average down my cost. The stock is grossly oversold and while it may take some time for it to recover to decent levels, I believe it will. Asia though has become the wild card in all this. The prolonged economic expansion, while may be good and desirable, hid the inflated bubble in the Pacific Rim for too long. We should have had a good, solid recession when they are supposed to happen. That way you get all the excesses out of your system and you will be healthier (long-term) for it. I don't think we have seen the end of it. I don't know in S.Korea, but certainly in Japan there are a lot more bubbles. How will it affect us? My guess is we will be treading water a little longer. Actually, if I look back at my investments since the beginning of the year, I am still ahead, so what is a year in a lifetime? Anyhow, George good to see you are still lurking. If you decide to get in again at below $6 just think of it as an eternal (non-expiring) option at a strike price of zero. You will always be in the money and they give you almost $6 in hard assets to back up your option. Show me a better deal! Oops! I am getting carried away. All play aside give or take a dollar the down potential is minimal, therefore I intend to add some more. Thanks George and onward! JMHO Jan