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Technology Stocks : BEST INTERNET STOCKS TO OWN IN 1999 -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (261)4/9/1999 9:18:00 AM
From: JOHN CHEN  Read Replies (1) | Respond to of 471
 
I bought PSFT in my IRA account which has no internet stocks but only stocks are beat down, cheap and low p/e ratio. I happened to think 13 is cheap enough and not much further decline to go. It may not be the absolute bottom, then nobody can guess where the bottom is. All I can say is I think the bottom is not far from 13 and I don't have much to lose at 13.

These stocks I hold for long long time much like anyone would do with Coke or Gillette.