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Technology Stocks : SYQUEST
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To: Tao who wrote (6505)6/2/1998 4:46:00 PM
From: Maher Sid-Ahmed  Read Replies (1) of 7685
 
Sorry to intercede. One has to remember that this is a speculative play and anyone who puts more than 5% of his portfolio on speculative stocks is playing with fire. On one hand you could make a killing in a speculative play and on the other you can totally damage your portfolio and lose capital, that is if your position is more than 5% and the stock tanks to less than $1. Non speculative stocks like PG, CPB, MSFT, BRK/B etc should fill 95% of your portfolio. This is just my opinion of course. By the way I consider IOM also a speculative stock because of the uncertainty surrounding the removable drive industry and competition. A stock that I think is a sure bet is BRK/B - it is $2456 and it is run Warren Buffet. Its been increasing at about 30% a year. BRK/A went from $5000 to $70,000+ in 8 years.
By the way I have a small positon in SYQT plus a few other speculative stocks, but the bulk of my investment is in non- speculative plays.
Just my 2 cents worth.

Maher

Maher
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