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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Greg h2o who wrote (15586)9/9/1999 1:32:00 PM
From: Bridge Player  Read Replies (1) of 42804
 
Yes, Greg, I still own 10 October 7 1/2s bot at 2 3/4 which I will exercise. I do not like the idea of paying taxes on the profit until it is long term and I fully expect to hold until after Oct. 2000.

So far I have resisted the temptation to sell any calls on my stock, but there have sure been a lot of short-term trading opportunities to do so.

With respect to comfort level, it is my experience that the greatest profits come when one is slightly uncomfortable with what one is holding. IMO it is too easy to get nervous and uncomfortable about holding at a profit, thus leading to taking it, and placid and resigned about a loss ("it will come back") thus leading to holding it. Re: Reminiscences

I am trying to learn to apply Livermore's lessons.

BP
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