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Technology Stocks : Datastream Systems, Inc. (Nasdaq: DSTM) -- Ignore unavailable to you. Want to Upgrade?


To: Wright Sullivan who wrote (655)8/1/1999 1:58:00 PM
From: Shane M  Respond to of 721
 
(I had to change a flat tire on the blacktop at noon today).

Owww! I empathize. It was absolutely scorching here in Nashville too. A minute in the sun and I would be soaking wet.

I agree with you. I'm inclined to add here, but I don't want to be in too much of a hurry because I already have a lot. One of the worst moves I ever made in managing my portfolio was to put about 30% of my holdings in a company that I figured was so cheap that it couldn't help but go up. I learned just how humbling the market can be. That stock dropped @50% and is still there today. Lesson learned, and hence my hesitancy to build an outsized position.

I'm still very positive and holding onto every share of DSTM I have for now. I probably won't be able to help myself, and if the price drops back the force will move me and I'll put in another small order. But no more big bets on any one company from me. (That antithetical to Buffett's philosophy, but tech stocks I think have to be treated a little differently than consumer stocks.)

Good luck. Shane