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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (22455)5/10/1999 1:19:00 PM
From: Teflon  Respond to of 74651
 
--OT--
t2k,

The net stocks are a tricky bunch right now. I have been and I still am buying shares of SFE. I love the long term story here. There is a risk right now, however, that with little or no news coming out in the sector and with summer approaching (people just don't use their computers as much in the spring and summer) the internet stocks could sell off and sell off HARD. Notice that with NBC's investment in the deal with XMCM today, the sector is barely moving.

I am nervous, but long term bullish on the net stocks. I am buying SFE right now, but risk an unrealized loss in my portfolio on these stocks over the next few months. To me, however, it's worth the risk. I plan on holding long term regardless.

Teflon