SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Comverse Technology
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Beltropolis Boy who wrote (854)9/7/1999 3:47:00 PM
From: Trader Dave  Read Replies (1) of 1331
 
Chris (and NN)

Bulldozer and I are the enemies of the street. We don't trade much and we have a very long term horizon.

Selling winners....Well heck I'd charge you a lot more than 80 basis points for that info, we'd be talking about a chunk of the appreciation too....

All I can say is that every share I've ever sold of my early in the decade csco stock has been an economic disaster. But when stuff gets to 50% of your portfolio, it's a challenge to sleep well at night. So selling some csco may have been an economic mistake, but it was important for sanity purposes.

There are lots of questions to ask here and even then I couldn't give much advice. But:

Are you going to put the proceeds in another company? (There's the Uncle Sam tax and I'd imagine your local Marion Barry cocaine habit tax would be as high as many state taxes.)

Do you need the $$$$ in the near future for a house purchase, kiddies education, or are you an old fart about to retire?

Or is your primary motivation portfolio diversification?

I feel pretty good about being able to dump losers (Dozer and I have had LOTS of practice.) But selling winners? Tough tough tough.

I think maybe I'll mosey over to SSB on Thursday too. (Going wednesday to see the gang from mercury interactive.)

HeyNNyouwantomeetoveratsollyandtalkaboutthequalityofsellsidebrokerage?

TD
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News