<<Naggarachi - again with all due respect, having such a huge proportion of holdings in one stock is not the best plan for sleeping well.>>
Uhhmmm, 100% of my IRA has been is CSCO since Feb of '97 and I sleep very well, thank you very much. :)
>> Most of the proceeds went into CSCO and INTC... >>
Nice picks, BTW, I started a DRIP in INTC around summer of 97, wish had accumulated more over the years everytime Niles trashed INTC.
<<I exchanged it for NOK, CIEN, JBL, about half NOK.>>
Although I passed up CIEN around $16, I've been a NOK holder since November of '98, aka, the Asian fincacial crisis. I started my position in NOK in the midst of that crisis, only to be downgraded by M/L (I think) and put me 20% in the red two days later. I didn't panick and the rest was history.
BTW, John Murphy called DELL a safe haven stock, go figure.
All in all, I think DELL should do very well going forward, a little JDSU, ARBA and NOK wouldn't hurt either.
Zead |
