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  • lacerdaf lacerdaf Aug 16, 1999 10:09 PM Flag

    Realelistic answers only!

    Bought 500 @ #26 and do not know what to do now.
    I would like to sell them before the Y2K meltdown
    and buy it again in December but do not feel
    comfortable about losing so much.

    Any advices
    appreciated. Again, realistic please.

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    • At this point in the year I am resigned to erring
      on the side of caution. If then a sharp downtrend
      doesn't occur I'll end up buying at normal range prices.

      If there is interest in investments other than sbux,
      take a look at csco and lu and see what you think. I
      am watching these myself. GE is a personal favorite
      and a stock I would really love to own. If you like
      mutual funds, take a look too at the AIM Value fund
      (another favorite on my shopping

      Pharmacuticals have been in an extended downtrend and if I were
      not already overly invested in this area I would have
      definately added shares when mrk was down to nearly 60. I'm
      always hearing something about biochemicals but not
      being much of a risk taker, I'd just as soon let the
      big companies make these deals for me.

      I have
      a hard time taking an interest in financials but
      only for lack of being better disciplined. It is
      however a sector that seems to hold continued appeal
      among brokers and market commentators.

      A small
      cap that I currently own and really like is vsio. As
      far as I can tell, it appeals to both long and short
      term traders. Personally, I think it's a really good
      company with a promising future but as with all stocks
      and sectors mentioned, I am not making
      recommendations - just sharing my preferences.

      Currently I
      do not have a position on sbux and am maintaining a
      stock watch. If panic is starting to set in, then
      please at least take a long walk before making any
      decisions. Talk to someone too, ideally someone who can be
      objective about your emotions and your investment. If you
      are considering changes don't forget to look at your
      portfolio as a whole.

      Regarding y2k meltdown, I'm
      not quite sure how to deal with this one other than
      to keep it removed from lingering thoughts. Even
      then I try to keep it on a abstract plane. I am also
      one to pray for the higher

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