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Technology Stocks : ADC Telecommunications
ADCT 4.035-3.0%Nov 7 3:59 PM EST

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To: John Finley who wrote (756)12/2/1999 4:24:00 PM
From: OldAIMGuy  Read Replies (1) of 1944
 
Hi John, A year ago in early October my cash reserves for all investments dipped to about 5%. It started the year at over 30%! Now I'm back to about 25% and feeling relatively comfortable. Portfolio makeup has changed in that time to reflect more bonds, which don't require as heavy a dose of cash on hand.

Buy-outs in ASND, VLSI, UWW, OMQP and HQ have put quite a bit of cash in the till but much of it has been reinvested when I've found something interesting.

With ADCT's nice growth rate, this account could be a long term commitment. I usually start new investments with a 5 year time horizon and now I'm nearly two full years into this one! Many stocks in my account have been there for 5-10 years and a few over 10.

Best regards, Tom
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