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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: Dermot Burke who wrote (18056)3/17/1998 4:22:00 PM
From: Jay Rommel  Read Replies (2) of 24154
 
> I am curious of the strategy.

BUY, SELL, BUY, SELL :-)

I got in on NSCP around Oct of 95 at approximately 43
bought 1000 and sold close to it's all time high of 80 something.
If you recall NSCP started to crash around JAN of 96.
I bought it again on the split at 42 (This is when Regimond started
bad mouthing NSCP) Of course Reggie was wrong and the stock took
off close to $70/share ...
I sold half of my holdings and purchased the house with a swimming pool ...

I will admit that my MSFT stock has made me more $ than NSCP, but
I have never regretted buying NSCP ... I still think it had the
best product(s) of any company that ever IPO ...
Navigator became a brand name almost overnight.

Why did I sell? opportunity cost!

Oh, someone asked me where did I ever get all the $$$ TO BUY NSCP.

I was one of the lucky persons to have owned PFE, MRK, MO
when congress where persecuting these companies ....
I bought every major drug stocks and MO and hung on to them ...
Sometimes, you just get lucky :-)

BTW, my boss's wife works for TLABS and I also bought this company
even before I knew what they made ...
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