Rob-Hello. I sold some Tlab to go to cmgi. I currently have 75% cmgi, 20 % Tellab's and a little internet fund Inet 13, plus a little msgi etc. I try to keep totally up to date on the stocks that I hold,and I have 100% stocks in my IRA. I'm 1 year from retirement.
I look for cmgi to do 300 -700% per year,it did 906% in 1998,and I'm very comfortable with it's ups and downs. My stack of research on it is over 7 inches thick. I maintain a complete file of the over 42 companies that are in it's camp. I look for 3-6 major net ipo's to come forth from cmgi this year. I'm up 267% in cmgi so far, only got in 1-99. Only 35% more growth and I will have reached my target of $1,000,000 in my SEP-IRA and that can bring me to retirement (here in Nebr. you don't need great big amounts of money to retire). I'm in process of turning over business to son,enjoying grandkids, woodworking,gardening,Lions club, and traveling,just got back from 8 days in Maui.
Probably at retirement, I will still keep investments in stocks, as I enjoy the challenge and interchanges.
Good Hunting to you ,or as they say in Maui, while holding up thumb and little finger,HANG LOOSE.
DAVE DICKERSON |
