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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX) -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (175)	2/5/1999 12:13:00 PM
From: J Gunn	Read Replies (2) \| Respond to of 1983

Don't misunderstand my short term concerns with any lack of faith in fiber optic growth. I understand that a longterm investor will be (and has been) richly rewarded by this sector. However, it is not necessary to ignore warning signs of a short term correction and not get out of harms way in order to be a "true believer". Investors, not just traders, can benefit from swings in price. I do not believe that is possible to predict with complete accuracy tops and bottoms, however, ALL stocks have trading patterns and to ignore them completely just doesn't make sense to me. All the current tech stock leaders have had 40 -50% corrections. Why not ride it up twice instead of just holding on for the ride?