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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.06+0.4%Jan 16 3:59 PM EST
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To: denni who wrote (36245)1/23/1999 7:01:00 PM
From: Bill Harmond  Read Replies (1) of 164684
 
>>what % return do you expect?

Better than the indices.

I told myself that if I got to a certain dollar level I would spin off a third into other capable hands and I would build a relationship with a company that can provide cpmprehensive services across the entire financial spectrum. This is important for risk management, for stability, cash-flow and tax planning, and it provides succession and a comfort zone in case I drop dead.

Trading concentrated positions can be much more profitable compared to balanced portfolio management. I enjoy it, too. But I've been at my desk ten hours a day for the past six years, and I may want to get a life at some point.

Luckily, even after this, I'll still be playing with more than I started 1999 with!
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