Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill J. Landis who wrote (4960)	4/28/1998 11:07:00 PM
From: Walter High	Read Replies (2) \| Respond to of 7841

Bill: Never, ever, throw good money after bad. Now, you have to decide whether the money you have invested in SEG is good or bad (depending on your basis price and where you think it is going in the future). There is also a concept called "averaging down" where one buys more shares of a stock that has gone down in order to get the break even price lower. My experience with this has been that it only works for fundamentally strong stocks that have declined for market reasons rather than fundamental problems. Throwing good money into a poor company hoping it will rise part way back so one can get even is a losing strategy. Same thing here; don't throw your money after SEG if you don't believe it is going up within a time frame that is acceptable to you. Walter High