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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (11781)	12/19/1997 2:42:00 PM
From: Dulane U. Ponder	Respond to of 97611

I guess theoretically there's always that risk. If anyone could predict that bottom and buy there, that person would become unimaginably wealthy. I know that there are some paradoxes in cost basis determination. For instance, some of my coke shares are valued at $2.95 (below book value) due to multiple splits that occurred over about 75 years of that stock being passed down from one generation to the next. No one would complain if they bought a stock at theoretical zero if that stock then climbed over years to $100 a share for instance. Thus the value zero for some might signal disaster and for others the greatest opportunity of their lives. That's why longterm investing always pays off the most.