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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: Mephisto who wrote (2891)12/3/1999 11:37:00 AM
From: Bux  Read Replies (1) | Respond to of 34857
 
I'll stay with Nokia. I can't imagine why I would want to sell my shares. Nokia future looks bright!

I agree. Nokia will likely out-perform the market by a decent margin in the next few years. But everyone has different investment goals. With this years run-up with Qualcomm (I haven't sold any of that), I am looking to roll out of some more mature stocks (MSFT) and into more speculative and short term plays to try to take advantage of the volatility I expect over the short-term. I used some of these funds this Oct. to buy Nok in the mid 90's in Oct. Since it had run up 50 points since then I had met my short-term goal and I used the proceeds to buy DIGL at 34.

We'll see how this strategy works for me, although I still have 95% of my portfolio in long-term holdings.

Bux