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

To: J Gunn who wrote (176)	2/5/1999 1:11:00 PM
From: Foo Bar	Read Replies (1) \| Respond to of 1983

I absolutely agree with you why not ride the wave twice than once. Unfortunately, we do NOT have a crystal ball in front of us. Only if I knew the bottom or the top ONCE in my life ahead of time I wouldn't be sitting here writing stupid e-mails and trading stupid stocks. I'll be somewhere warm and play golf and enjoy the nice beach and babes..... Again, what you said is absolutely right in theory. In reality, you may get lucky once or twice, but.......Oh, I believe many of us have been there and done that. We always thought we knew...... The best way to play the game in town is to pick the winners and hold real tight on them and ride

To: J Gunn who wrote (176)	2/5/1999 2:34:00 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 1983

"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?" Dear J, Alas my crystal ball is too cloudy for my simple mind to catch the waves on a speculative investment like MFNX. I also rather like the idea of capital gains tax (hopefully deferred so that my heirs and successors have to deal with the issue) vs. short term income extraction by the dentists at the IRS. I won't bore you with the calcs. "ALL stocks have trading patterns and to ignore them completely just doesn't make sense to me." I'm looking for the exceptional few such as GE or MO, which we could have bought for less than the price of a decent vacation in 1960 and today be able to convert into a carefree life into perpetuity. Best, Ray