Hi sig. I saw your post about you wondering why anyone would buy the old line stocks with single or three letter stocks. Of course it helps that I was once an Engineer like yourself to see the possibilities out there. The nerds are defining the economy now and will for sometime. I have always been a closet nerd, although my pals have told me that I'm just a nerd <gg>, I'm having the last laugh though, they are working there tails off now and asking me where to put their money. I have been telling them for years what was going to happen. Since I made my first crystal radio to my first oscillator, I wanted to have all the worlds knowledge at my finger tips it's all coming together now right before my eyes.
The above gives you a little bit of my background so I can ans. your number 2 question; "Question 2: Do you attribute any of that excellent portfolio to being an SI Member and thus mentally oriented to the tech stocks and the discussions here which keep coming back to them?" yes and my back ground.
Question number 1, "Did you have any really good stuff other than Dell in early '97."
I have invested in the first group for a long time so they have been sort a like DELL. To correctly put it more like traded, around 1995 1994 I became more like an investor, then a trader. I still trade too much though, turn my money over one year 20 times, next year maybe will not even turn it over once. In my past I have own, F, C, GM, GE, JNJ, WAG, T (last time T went into the high 60s I sold over 5k shares of it my broker thought I was nuts to ever sell it) BMY, SLE, XO, MOB, AN, KO (Amoco was my last real job back in the mid 80s been out of work ever since then <ggg>) HD, IBM, on and on and on of those only IBM, HD, and GE I'm sorry I ever sold. I can't foresee a reason to buy an old line stock, high tech is where it is at. and will be for many years to come.
Greg |
