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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: Alan Cassaro who wrote (7613)	4/20/1999 2:11:00 AM
From: Carl R.	Read Replies (1) \| Respond to of 17679

Alan, the market may crash tomorrow, not close. <VBG> Seriously, the market runs in waves, kind of a stampede mentality. First everyone wants to get in, then everyone wants to get out. This will be a "correction", not a crash, and after a few days everything will be OK again. The good news is that one of the best indicators of stocks that will do well post-correction are those that were the strongest right before the "correction" and even into the first few days of the correction. As I said, if you aren't planning on selling AXC, don't worry yourself over the daily movements. Otherwise you'll surely get depressed and sell at the bottom or buy at the top. If you own more than you can afford then sell a few shares. Otherwise, relax and wait for the plan to unfold because the success or failure of the plan will surely have more impact on the stock long term than a little old "correction". And in the meantime, don't let any comments from traders deter you from your buy and hold strategy because it will never work for you. Carl