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To: tekboy who wrote (1074)	12/21/1999 4:23:00 AM
From: Martin Atogho	Respond to of 1817

What on earth is your wife investing in that is beating such an impressive port? I can imagine what pressure you are under :-) rgds,

To: tekboy who wrote (1074)	12/21/1999 7:19:00 AM
From: gdichaz	Respond to of 1817

tekboy: Your portfolio is a thing of beauty. Agree that selling any of it will be very very difficult. Two suggestions. If you are so heavily in margin that you are concerned about a margin call if there is a deep correction and you wish to protect yourself, you might wish to turn to Jill and Poet for ideas on protection and pulling in some cash (plus others who will be discussing options and LEAPS) - here I hope. (And one basic idea it to buy LEAPS as far out as you can and as far out of the money as is available on a stock you have the greatest confidence in - such as the Q - sell the equivalent amount of stock, and use the cash gained to reduce margin or whatever) If worse comes to worse, and you think you must sell some stock then I would look at the portfolio in reverse. Consider what you should not sell - such as the Q (unless you substitute LEAPS). Then which you have the next most confidence in (such as JDSU in my case), and follow that process. Then sell one third or one half of those which seem least clear to be able to ride through a "correction" with minimal danger. Remember BTW that Cisco corrected by 40% twice in the last few years, so nothing is "safe" - just different degrees of risk. While I do not pretend to be a market timer and my approach has been and will continue to be to ride through market storms, I do expect that next spring there will be a downturn. And there is the traditional turbulence on tech stocks starting in May. But timing is very difficult. I simply try to choose well up front and hold. Thanks for the kind words. Best. Cha2

To: tekboy who wrote (1074)	12/21/1999 9:43:00 AM
From: Mike Buckley	Read Replies (1) \| Respond to of 1817

tekboy, Yet with the following portfolio, what the &$#! am I supposed to shed???* The margin exposure. --Mike Buckley