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Pastimes : SI Millionaires' Club

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To: Bruce Ravelson who wrote (1)11/29/1999 6:14:00 PM
From: Tadsamillionaire  Read Replies (1) of 17
 
Nice thread IDEA... I am getting closer to that Who wants to be a millionaire, I Have invested in the med techs after the beating they had a few years back and I have hung on.
What I have found that works is to buy a position large enough, that when it does take off you can sell 33 to 50% of the position and make a profit over the initial investment. Thus allowing you to take your own money off the table and leave the rest to grow long term.

CYBR has just taken flight and LKON was just merged with Packetport. These are two companies I am Long on.
The Generic drugs will be another area that should take off after the "00" roll over. And I am heavy in that sector.....
But all on a free dime. My original money is off the table.
JMHO..
Nice thread.
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