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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Bretsky who wrote (19848)	2/9/1999 4:54:00 PM
From: Randy Ellingson	Read Replies (3) \| Respond to of 27307

Are you concerned about the market going into a steaming correction ? Just wondering if you consider any of the major techs screaming buys right now...like MSFT, INTC, or YHOO (when it drops to 100). Hello to you, Bretsky. I try not to let the market moves bother me (though it sometimes does, on both the downside and the upside) to make decisions to sell or buy. My approach is pretty conservative compared to a trader's: I try to buy and hold great companies, and either add shares or add new positions when the market slides. If the recent tech slide has any basis in future reality, it's certainly difficult for me to see. It appears more that people have been looking for a reason to sell (along with the well-publicized forecasts of a market correction); I do not see any clear economic difficulties. If you think this is interesting, just wait until the next time we se a Fed interest rate hike (whenever that will be -- who knows?). We'll very possibly see a steep sell-off, followed by investors realizing that the economy can still grow, and good companies can still increase earnings. And stocks will eventually resume a climb. I'm no forecaster. I do think many of the Internet stocks are great to own, even today, for the long term. I've told myself that YHOO at 125 is a pretty good place to buy. I'm waiting to get my car purchase out of the way before I stake any new stock claims. FWIW, I did buy small positions in ATHM and EBAY today for my Roth IRA. I have no idea which way they go from here of course, but I am happy to own them. Of course, if they each go up 20% by next week, I'll be even happier to own them ;-). What are you thinking? Do you own MSFT and/or INTC? If not, you might want to consider the INTC drip: intel.com As for MSFT, if you know you want to own that stock, the best time to buy is anytime you get an opportunity. Today is not bad, but you never know when tomorrow will be either better (or worse). What is your time frame for any new investments? Randy