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Hi Steve, not sure Ill add to some of the fine points just made. Again much depends on time frame, rick tolerance etc.

Sure Y2K might mess things up but if you had held off for the past few months for that reason you might have missed some big runs on some of the stocks you might be interested in. Look for instance at what has happened to QCOM, JDSU, AOL, Yahoo, to name a few. (mind you I did pick some good ones). But the bottom line is years from now you will do well with most of those types.

If you research your company and are happy with it than you should do well over time. Avoid the trap of trading because you will only get such with lots of taxes and usually miss out. Im not suggesting you dont ever sell just dont trade in and out it is very hard to time once not to mention numberous times.

If you are worried you might want to pick a few companies you like, buy half what you normally would and than if you see a drop pick up some more. This is akin in many ways to dollar cost averaging. If it makes you sleep better at nights more power to you.

Good luck however you decide

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