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Technology Stocks : Western Digital (WDC)

WDC 155.42

+2.9%

3:59 PM EST

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To: Pierre-X who wrote (7970)	12/3/1997 4:27:00 PM
From: Craig Freeman	Read Replies (1) of 11057

Pierre-X, not so long ago I read of an investor (to remain nameless) who had invested his entire fortune in one stock that had risen substantially. I wrote him a long personal note suggesting that he at least take his original investment off the table ... so that he might enjoy a small portion of his gain, diversify his portfolio, and thereafter "rest in the knowledge that was playing with the house's money". He wrote back that he was considering the matter seriously. A week later he wrote again to say that he had decided that his gains were so large that he could afford to let things ride while he took a long vacation with his hard-earned profits. I never heard from him again. The time was September, 1997. The one stock he owned was WDC. I wish him well. Craig

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