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

To: Elwood P. Dowd who wrote (61120)	5/11/1999 4:28:00 PM
From: Mao II	Read Replies (1) \| Respond to of 97611

OT El: Take a look at the software sector -- sap, oracle in particular. M2

To: Elwood P. Dowd who wrote (61120)	5/11/1999 5:43:00 PM
From: Kenya AA	Respond to of 97611

El: **OT** Unfortunately, I'm in the mood to argue with you. <ggg> On the surface, what you are saying seems to make sense, BUT the facts are that stocks that are making new highs tend to keep making new highs. The main reason that stocks go up is consistent improving revenue and earnings growth. The fact that a stock is at a new high, in and of itself, has no bearing on whether or not the stock will continue to go up. Look at charts of any of the great performing stocks over the past few years - CSCO or DELL. 80% of the time, if you bought, it would be at an all time high! If there's a market correction, the strongest stocks (as described above) will weather the correction the best - think in terms of percent. K