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Technology Stocks : Nortel Networks (NT)

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To: telecomguy who wrote (9102)12/22/2000 12:44:31 PM
From: Bosco  Read Replies (1) of 14638
 
<ot>Hi tg - I am not a disciplined individual, so very often I end up buy hi and sell lo =8O! However, my new year resolution is to be more discipline. I can see one way to that in your situation is take partial incremental profit or use option [I don't do option either, but I ve begun to contemplate to do that.] If you sell 1/2 of your position if you double your money, essentially, you ve the stk for free [minus whatever tax you ve to pay.] Of course, usually, mine can't even hit a single, let alone a home run. So, 4 or 5 baggers may be out of the question. 1/3 of my NT is so underwater, it is tough going. However, I ve been selling a lot of other over hyped mistakes and dead meat <vbg> instead.

best, Bosco
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