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Pastimes : Generation Xers--saving and investing strategy

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To: Mike McFarland who wrote (1)8/25/1997 9:33:00 PM
From: Mike McFarland   of 100
 
Recently sold Pacific Aerospace and Sybase to take gains there off the table, which somehow makes it easier to stomach a bit of loss so far in Pakistan and the Philippines. Holding Genzyme Transgenics and Aspect Technology. Watching Indonesia and Korea, but not willing yet to start getting into those. Everything else in the universe is too rich. Should have transferred into FidSel Biotech, but who would have thought that "correction" would be so short. I mean 7%? That's no opportunity. Am happy that I've not shorted anything tho.

No change in my long-term strategy of being little exposed to US equities and favoring cheap overseas markets. Shelling in Kashmir has me a little nervous, but looking forward to September when Clinton and Nawaz Sharif meet etc...then Madeline Albright goes to Pakistan late in the year.

Returning to US techs for a moment: Watching Macromedia, missed an opportunity in S3 and TDFX...and that's just about everything I follow.
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