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Technology Stocks : VerticalNet, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: cyberman who wrote (20)	3/4/1999 11:29:00 AM
From: Sam Matz	Read Replies (1) \| Respond to of 127

I agree with you. I feel the same way, that the price is gigantic and it may drop down. However, I am the worst at timing a stock. I have lost out several times waiting for the "right"price. This is especially true with Internet stocks; there is never a good price. As I said in an earlier post, I am buying now with the belief that the price will be much higher in the long term and a $30 difference in buyin price will be minute. I could be wrong, and this is why I am only taking a small position (50 shares). To make a long story short, you may be able to get a better price than current levels, but it also may shoot to $100 today and never look back. I just want to be on the ride either way (hopefully upward). I would be much more pissed off at myself if this stock went on a moonshot and I wasn't in it than if I was in it and it went out of business. At least I gave it my best shot. I wimped out on ebay when it was $25 (I actually entered the order and deleted it at the last moment) and I don't want to lose out again. I am thinking of holding long term here. It will be amazing to see what happens to ecommerce over the years.