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Technology Stocks : All About Sun Microsystems

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To: Sueponine who wrote (12256)12/1/1998 9:01:00 PM
From: alan james geik  Read Replies (1) of 64865
 
Sueponine.. I agree completely with Mike M. re: your broker and also the # of funds you have.
1. always do your own homework and don't be reluctant to follow your own instincts and conclusions.,,, it's your money.
2. just because a stock has increased 50% is not a reason to "peel off" some of them i.e. take profits. A stock can be a better buy when it is 50% higher than it was at your original purchase price .... with the passage if time better earnings and earnings prospects, new products etc make it a better investment.
3. One question you may ask yourself when contemplating selling a stock (not just SUNW) is would I buy it at the current price? If the answer is yes one should stop and think twice. Another question to ask is what will I invest in when I cash in... is it better than the current investment.
4, Re: funds I agree with Mike. not only are you paying 1-2% a year management fees but also a sizeable tax bit at the end of the year. Keep it simple!
5. Most important whatever I say or anyone else says do your own homework
End of sermon....
Best of luck to you in all of your decisions
Alan
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