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Technology Stocks : SAP A.G. -- Ignore unavailable to you. Want to Upgrade?

To: Jay Rommel who wrote (2952)	1/20/1999 11:21:00 AM
From: Mao II	Read Replies (1) \| Respond to of 3424

Jay: It seems to me we are nearing some serious buy levels for long term investors. M2

To: Jay Rommel who wrote (2952)	1/20/1999 12:00:00 PM
From: mauser96	Read Replies (3) \| Respond to of 3424

Jay....Personally I avoid bubbles like the internet mania because I have no rational way to analyze them. However, getting in before the bubble expands much is a different matter..A low cost basis is a wonderful security blanket, but it can also lull and blind you to opportunities to sell at a great profit. From a purely rational standpoint what you paid for a stock shouldn't enter into decisions about when to sell. I have found that this is a rule that is easier to state than to follow. I will continue to watch SAP, and maybe buy it back at some later date.I still think that the company has a good future, and at the right price and right time it will be a buy again. It's possible that today's minor penetration of the support is a trap, and that my sale will be very close to the low. It wouldn't be the first time. However in today's world of cheap commissions and low bid ask spreads the cost of getting in again isn't too high. Meanwhile I'll use the proceeds elsewhere.