FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Donald Wennerstrom who wrote (2530)	9/4/1999 2:16:00 PM
From: rairden	Read Replies (1) of 2754

Constant reminders, classic mistakes. I have half a dozen bombs in my portfolio performing as poorly or worse than FSII for as long or longer. And it's sickening to think how long ago I sold my wad of Vitesse, a stellar performer if there ever was one. But I still have trouble getting that part straight about "Cut your losses short and let your profits run". My losses in LSI and IDTI ten months ago were truly disheartening after holding those issues for years. I don't know what possessed me to average down, but it looks like I finally did something right. The last time I averaged down FSII was three years ago and that certainly hasn't worked out very well yet. FSII is rapidly becoming an insignificant fraction of my holdings. This time I'm resisting the advice to "rebalance my portfolio". But if I ever see FSII insiders scooping up cheap shares, I might be tempted.

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