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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: limtex who wrote (37728)3/5/2002 6:42:04 PM
From: the_wheel  Read Replies (1) of 99280
 
Thas more like it. I have a good good friend who has never sold a stock in his life and does not plan to. He is very conservative. He worked at IBM and still has his stock option shares. He worked for a company like the SAN suckers way back when that switches phome limes that got bought out by some old mainfrane conpany, then they got bout by old ma bell and now hes got stocks in T lU AWE SBC about seventeens or twenties conpanies and he has never sold a one! He is really really old I think like in 50's. He told me he plans to live for another 50 years and may think of selling then. He owns his own house outright, and thinks a $5 meal is xpensive. I tried to get him to trade his IBM for MSFT way back but he wouldn't hear of it, thinks why invest in a conpany if you are just going to sell it. I don't know if you know but IBM has been around for over a hundered years. You can expect more of the same from the rest. Plus, if you keep your stock you can always have someting to hang onto.
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