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Technology Stocks : INFOSEEK (GO)
GO 9.790-0.7%Jan 23 9:30 AM EST

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To: Tim Luke who wrote (3086)3/16/1998 1:49:00 PM
From: Tom Klempay  Read Replies (2) of 9343
 
Tim,

I bought MSPG at 9 last summer and sold at 19. Felt pretty great about the quick profit. Wish I still had it. Plus, now, I'm paying Uncle Sammie on those short-term gains. If I'd held, I'd have alot more $$$$ and owe the gov't nothing (yet). Everyone has their own time horizons for holding stocks and price swings (up and down) should be looked at by each investor in regards to their own situation. Of course, you know this, but its just a reminder to others on here that they should consider what their goals and timeframes are before buying or selling.

You know I respect your opinions around here, but this time I'm going to have to disagree. I'm not selling a share. If it dips like you say, I may even buy more. Shoot, with a rumor about a channel deal with a major PC maker, Disney on their front page, and deals with several online brokers in the works, I want to be in this each day at opening bell. I agree about the risk of profit-taking occurring, but am willing to take the risk that it will be significantly higher in the future than where I might sell it today.

Best regards,
-tk

GO SEEK!!!!!
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