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Technology Stocks : Nuance Communications, Inc.
NUAN 54.840.0%Aug 11 5:00 PM EST

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To: Patrick Slevin who wrote (610)1/17/2008 6:56:16 PM
From: SGJ  Read Replies (1) of 834
 
In your experience, when does a concentrated position become untenuous?
Extreme vigilance combined with obsessive research. Either you work in the company or you like spending time, a lot, keeping up with the investment. Vigilance will get you out in time to avoid a huge loss or out on a crazy spike with a huge profit. Since you know what the real value is, present and future, what the industry is doing, what competitors are trading at, and what the multiples are, you know when its wise to take some or all off the table, when to dig in and load the boat, or when its time to run for the hills.
I would say Pabria is an idiot.
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