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Technology Stocks : General Instrument Corp.'98 (GIC) -- Ignore unavailable to you. Want to Upgrade?


To: cindy anderson who wrote (217)3/31/1998 7:53:00 PM
From: woodman  Read Replies (1) | Respond to of 615
 
There are the short timers and then there are the long termers.
In my experience, the long termers make the most money. GIC is
at the very beginning of what's going to be a long upward spiral --
inspired by future earnings from the millions upon millions of
set-top boxes that will usher in the new generation of tv viewing.

I've been an investor in Paychex (PAYX) for the past 15 years,
and have seen its worth multiply at least 15 times; stuck with Lehman Brothers from the teens three years ago to 75 today; kept loading split shares of Intel into the bank vault for quite some time.

In my opinion, GIC is going to be the next addition to my stock "Hall of Fame." I bought it before the breakup, multiplied my shares when it sunk to 13 on temporary bad news; added at 16, added more at 19. And I'm not finished.

If you're a "buy and hold" kind of investor, my advice is to keep loading up on GIC now, while it's still at rock bottom price. Let's meet again here on this board one year from now, and toast each other's good fortune. I lift my glass tonight to all those who have had faith in GIC.