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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Haegin who wrote (5374)	4/21/1999 1:57:00 PM
From: still learning	Read Replies (1) \| Respond to of 7342

I like TLAB and am holding it, but your comments aren't quite on the mark re: Where will be more growth over the next 5 or 10 years: Aluminium, Steel, Coal or Telecommunications? You forgot oil, and let's make it 2 years -- which is a reasonable investing horizon. I would venture to say that if we look at the past 1 or 2 or 3 month charts for GIFI, for example (oil services company) It outperforms TLAB in all chartts. Point is there are a lot of great other sectors out there, and WS will be looking at competition between sectors. Oil has been at a 20 year low, and the up-trend is expected to last at least 24 more months, so that's a compelling case to be in it. I know I've been moving new money into oil since late last year. This takes nothing away from TLAB, and I remain convinced that over the next 5-10 years you are right. 1-2 years from now, I'll sell GIFI and perhaps buy some more TLAB. But I'll get a lot more TLAB shares than I would now, cause my investment in oil will be 3-4x.