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Technology Stocks : RGFX Raster Graphics -- Ignore unavailable to you. Want to Upgrade?


To: MellB who wrote (507)3/3/1998 2:33:00 PM
From: Bilow  Read Replies (2) | Respond to of 593
 
I am so frightened by the overall market exuberance, that I am
not long anything for more than a week. I'm keeping cash
reserves for bargain hunting among the newly fallen of next
week. :)
But generally, it is not a good idea to chase a stock down, in
my opinion.

That said, I think RGFX is a good company, and long term
holders will do okay buying at the current price. But you have
to remember that I think the market is going to drop by half over
the next year or two, so your investment horizon has to be either
a lot longer or shorter than that in order to make money going
long. (IMO)

But best of luck, which I always find a useful thing. I bot puts
on AMZN yesterday, and then they came out with downgrades.
:) I swore off options a few weeks ago, but it seemed like such
an easy to spot top on Friday.

-- Carl