Wit Capital - The way of the future? Message Board

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Non-Tech : Wit Capital - The way of the future?

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To: Joe Lamantia who wrote ()	7/8/1999 7:54:00 PM
From: L. Cheng	Read Replies (1) of 16809

Bald Man: I consider myself a good student(of investing & other topics) and am doing quite well. 1. Long on BRCM, bought several months ago at 60 when it split and it's hovering between 135 - 140. Would've bought before split but gotta keep on budget. Ahead by over 100%. 2. Long on EGRP, bought at 40 in Feb. when the now-famous crashes happened, split in May, tripled at 135 but didn't sell. Now it vacillates between 39 - 40. Ahead by 100%. 3. Long on BBY, bought at 50 several months ago after it split, now it's between 77 - 80. Ahead by over 50%. Not bad for a novice! My rule of thumb is if I have to sell, I sell losers but take no more than 10-15% loss and write off of taxes. Also, have options from my employer - Pfizer, Inc - but can't exercise them until next year. I've been trading since Oct. '98. Have two online brokerage accounts: Quick&Reilly (www.quickwaynet.com) and Waterhouse Securities (www.waterhouse.com). Quite satisfied with both.

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