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Technology Stocks : EMC

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To: meveric who wrote (353)3/26/2006 1:53:40 PM
From: VFD  Read Replies (3) of 368
 
Meveric,
I like you. You seem like a decent person but you contradict yourself too often.
On top of that you are spending too much time on these boards wasting valuable time that you can use to research and look out for new ways to make money. That is the reason you are investing.
Those technology investors who are making money adjust to the market conditions. They are taking whatever the market is giving them.
Buy and hold in the tech sector is a thing of the past. This is no longer the 90's. Tech investors are taking their profits and ignoring the buy and hold strategy.
I held quite a few shares of amat for a little over a year but sold the day after their earnings were released because I did not like the markets reaction. My profit was 23%. Had I held on to those shares that profit would be down to 10%, instead I bought back those shares last week 2.5 points lower than I sold them for.
The stock is so out of favor right now that I will sell as soon as it rises between 5 - 7 % above the price I paid.
I will repeat that cycle as long as it is profitable.
I have done pretty much the same with google and to a lesser extent aapl in the last 2 1/2 months. It does not take a genius, just common sense.
One more thing, don't waste your time with stpeter he is a complete moron and an arrogant ass. Emc, probably his only investment is doing badly and yet is it possible that he is comparing his "investing style" to Buffets?. What a joke.
Buffet by the way does not invest in technology. He does not think is worth it. Outside of a few msft shares he does not hold tech stocks.
I would love to know what his opinion of emc is.

Hey, why can't we all get along. Make love not war. Blah Blah Blah
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