Anon, when I gave up trying to be a Corporate type in the 60's, I was a Head-Hunter for 15 years, and I have spent the last 18 years as a home improvement contractor, basically a salesman, installing about 750K worth of Garage cabinets and Closet organizers in Southern Cal each year. I sold my stuff to a couple of the sales managers for LU just as LU went public. That's when I formed my opinion of the quality of LU's management. I have been putting 20% of my net into a pension and profit sharing plan and investing it in the Market for the last 6 years, with about a 500% return to show for my efforts over that period. Not too shabby, but not hard to do, if you stayed with solid tech, in the biggest bull market in the history of the world. I just sold my LU at a profit, and put it in Microsoft. My biggest position is Cisco, which I will reduce Monday by about 50K and add to my Dell Position. I am down to Cisco, Dell, AOL, and Msft right now. I think, that a lot of us think,that things may get worse the next 60 days, and we are trying to decide if we should go cash or ride it though. I am still up in air on this, but my thinking right now is to ride it out.
LindyBill
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