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Technology Stocks : All About Sun Microsystems

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To: High-Tech East who wrote (26666)	1/22/2000 1:34:00 PM
From: JC Jaros	Read Replies (1) of 64865

Ken- One of the best investment tips I ever read (I forgot who it was) was this (paraphrased); ask yourself with regard to picking stocks - 'Would I be comfortable holding this stock if I had to leave the planet for 5 years and had no contact with Earth?'. For me in the past, I found answering in the affirmative to SUNW most comfortable, and today the portfolios are like 75% SUNW concentrated. If I applied that 5 year test to SUNW right now, I'd have no problem re-signing for another 5 years if that's the way it worked. That's just me. My point is, not about whether you should have a lot of SUNW in your portfolio or any SUNW in your portfolio. The point is, it's a winning strategy to invest in equities that wouldn't cause you concern if you were abducted by aliens for 5 years (hey, it *happens! <g>). Having said that, I do a little trading too here and there for fun (less than 5%). Although not a rush, I've had a better % return to date with the buy and hold thing, FWIW. -JCJ

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