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Technology Stocks : Sipex (SIPX)
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To: John Ritter who wrote (56)4/6/1999 11:47:00 AM
From: SAMSARA  Read Replies (1) of 96
 
John,
Spent some time looking at the stocks you mention catp,
odis, and iona. Some real interesting stuff... if you had
to bet on one, which would you pick? I have only 2 positions
right now.. SIPX and Cisco. The CSCO is a long term hold
that I am hoping is going to put my kids through collage and
let me retire someday. Sipx is medium term (1 year) for
capital gains reasons, though I would move from that position
if there was good reason. From an IRA account, I have some
cash I don't mind moving in and out quickly... though admittedly
I have been on a loosing streak prior to SIPX... I am almost
a blue chip convert now, though I admit the allure of triple
digit growth in small caps is something that is hard to walk
away from... my most resent bad call was BGP (Borders.. which
I walked from after a few months at a slight loss).... The
good news is I am getting better at understanding how companies
work and the markets... but my timing still needs work...
I still hold 2000 shrs of Gandalf (GANDF) a communications
company that went tits up.. Over the last 3 years i've
not quite doubled my money, but I could have done that
by sticking it in a fund and having no worries (or fun).
Read a few books on investing, and the value of my holdings
has taken some really wild swings... I have been getting
more conservative after a few really whopper losses (and
a few whopper wins too). And you?
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