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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (3786)12/1/1998 1:05:00 PM
From: gc  Respond to of 4509
 
You are right. Market is just fine. Buy on dips. I am looking to buy more csco with the profit from internet stocks.



To: RetiredNow who wrote (3786)12/1/1998 1:34:00 PM
From: Lutz Moeller  Read Replies (1) | Respond to of 4509
 
mindmeld You wrote
I'm buying more CSCO, RMBS, and BRCM on dips of 25% or more. You probably see 25% and think I'm dreaming, right? Well, unfortunately, it's all too common these days.

Oh no, I by myself sold as a worried mind. itwo was -8% in the morning and +4% at midday. So I believe Your 25%.

I just wonder what to do with my cash. Cash has no memory. I forget the history. Should I wait for the next crash? Earn warn season is around the corner. so that maybe the possibility. Last Year we had the lows around christmas. When wil the next low be?

Regards Lutz



To: RetiredNow who wrote (3786)12/1/1998 11:24:00 PM
From: George L. Smith  Read Replies (2) | Respond to of 4509
 
>> I'm buying more CSCO, RMBS, and BRCM on dips of 25% or more. You probably see 25% and think I'm dreaming, right? Well, unfortunately, it's all too common these days. <<

I'm doing pretty much the same but I'm halving my position on a twenty percent rise and doubling on a ten percent dip, that way I can follow the run if it happens to go that way and catch a few of the dips as well. So far I've done pretty well, with the exception of PSFT on the way down. I got a good amount at 19 and got that out at 21.5, but I'm still down allot on PSFT.

The problem I had was believing the conference call and buying on the way down, instead of waiting for it to finish the slide. Obviously I'm not pleased with PSFT management right now.

George