Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Norm DuPont who wrote (26487)	7/17/1999 6:23:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

Norm, that is great advice. I try to follow such approaches but could not resist trading simply because of what you stated about good companies. I do however keep my core MSFT holdings through ups and downs. When they sell this stock without any solid reason, i like to buy options on them----MSFT is the only one i have timed options very well. Got is right 9 times out of 10 ---(screwed up in April but sold out of my loss position very quickly). It is possible to buy and hold and trade a little bit but i agree most people should stick to the buy and hold strategy---on good stocks. He looks to be heading back into the same types of problems. AOL and ATHM?? That is too speculative--better off by buying MSFT leaps 2002 instead shares in internet companies, IMHO.

To: Norm DuPont who wrote (26487)	7/17/1999 7:57:00 PM
From: Catcher	Respond to of 74651

norm good post re inability to time the market. it is a disease some of us suffer from but the facts are that if i simply held msft i would have done 100% better than i have done for last 2 years.

To: Norm DuPont who wrote (26487)	7/18/1999 12:45:00 AM
From: Dwight E. Karlsen	Read Replies (2) \| Respond to of 74651

No taxes paid on the major gains I have made. I am now retired. Because of those decisions. Not trying to sound argumentive, but that doesn't jive. What do you use for cash to pay living expenses? You can be retired, but not because you didn't sell anything. If you paid "no taxes", then you didn't sell anything to retire on! Let's have the real story, Mr. DuPont. Anyway, I'm into options, and it's a thrill to make 70% gains in a day, while working 12 hrs at my job and not paying any attention to the market except after mkt hours. This latest trade is a two-bagger so far in 30 days, and I'm holding out for a three bagger (MSFT at $107). My calls don't expire until this Oct. Meanwhile, I work at a job I enjoy during the day. I don't enjoy following every little ripple during the trading day. (Been there, done that).