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Technology Stocks : (LVLT) - Level 3 Communications
LVLT 53.630.0%Nov 1 5:00 PM EST

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To: ahhaha who wrote (539)3/27/1998 9:33:00 AM
From: Phil Jacobson  Read Replies (1) of 3873
 
I think all your saying is it makes sense to use portfolio management. Most of my stock portfolio isn't in tech but in mid-low PE, high growth, good balance sheet companies. LVLT is one of about four potential four baggers I keep but again, I'm not betting the house on it. My IRA isn't even in my hands, I've got a money manager doing what I can't stand doing and balancing what I do with a balanced fund of 50% stock and the rest split between bonds, Ts, and a smattering of gold. He keeps me on keel while I try to aggressively make some big bucks.

So I think we're both aware of the risks; I'm just not really consumed by fear of market dips. I honestly think the next big "crash" will be consumed in a buying frenzy just as it was last October. Stop worrying and get outside. It's really warm out.

Phil
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