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Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?

To: Nandu who wrote (6215)	7/9/1999 4:03:00 PM
From: Woody_Nickels	Read Replies (2) \| Respond to of 14451

It's not whether we're here to make money, but how do we make money. Maeling said she doesn't understand why someone would bail out of a stock before it had fully appreciated (at least that's my take on her comments). I often sell a stock when I think it has reached 'most' of it's poten- tial, so I can invest in something else. For example, In Jan'95 I bought APCC at $8/sh, lucky at the bottom. I set a target to triple my money within 2 yrs. Luckily APCC rose to $24 by Thanksgiving '95. I thought APCC would have trouble exceeding it's old high at $30 and sold at $24. Over the next 3 years APCC doubled to around $50, but I was already in/out of IDTI for another 50% gain by Xmas '95. I don't know if holding APCC for 3 more years would have produced more money than reinvesting in the other stocks I still hold, thanks to the semi downturn '96-99. I set my target and move on, while Maeling prefers to hold. Just different goals.