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Technology Stocks : WordCruncher Internet Technologies, Inc. (WCTI)
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To: Larry Levine who wrote (268)12/8/1998 7:41:00 PM
From: amadeus  Read Replies (1) of 488
 
good to plan

you really do need a plan as to what you are going to do when a stock you hold goes up really rapidly..just had that experience at AWEB after holding for months..

as for me, the idea of selling in stages makes sense,
such at 25% at XX level, another 25% at YY level, so on...
and maybe some % to hold really long term...(wouldn't have wanted
to sell all shares of yahoo at 50, for example)

you've got to think about how you'll feel if you sell it all at 10,
but one week later (or the next day) it ends up at 25, and six
months later it goes to 150..

BTW, I'm glad to see the price pull back a bit here..
IMO, volatility can be a really bad thing.
glad to see a bunch of longs, and not a lot of daytrading going on here..
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