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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey L. Henken who wrote (16363)5/11/1998 4:54:00 AM
From: JDN  Respond to of 31646
 
Dear Jeff and Cheryl: I have no idea if there is going to be a huge correction (30%) or not. But I would point out that the pundents I have read (even the worst) say it will be vicious and fast but will also recover quickly. Thus, if you are a long term investor (I am talking years not hours) seems to me you just ride this out. Unless you have the stock in a nontaxable account the gains taxes could exceed any potential for acquiring more shares by selling high and buying back in low. Finally, where else is there to put your money. Buy Gold?-that hasnt been a good investment for years. CD's-who can live on 5%-I sure cant.
Just mentioning these things. Not trying to convince either of you of anything. JDN