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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: Tom Simpson who wrote (7164)10/4/1999 12:05:00 PM
From: Sam  Respond to of 9256
 
Tom,
<<Afraid not...took my winnings a bit early also, but wasn't wise enough to keep a kicker. But I did OK with the EMC you were worried about at 45...still got any of yours?>>
Wishful thinking for me. And it wasn't "wisdom" that led me to keep a few token shares, it was strictly a combination of sentimentality, respect for Warnock, and their excellent balance sheet. Wisdom would have led me to add more when they got clipped down to the low 20s, and would have led me to hang on to and even add more EMC. I keep selling off my high PE, high PSR stocks, only to watch them soar still higher. That "45" actually was before their split, so it was really 23 or so. The stock has only tripled since then. Clever me. Ken Fisher's low PSR strategy hasn't seemed to work very well over the past few years.