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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: billwot who wrote (25396)	2/8/2000 9:45:00 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

billwot. Accumulating shares is a Strategy for Achieving Wealth, as long as you have those shares in the right cos. gg. And Csco def. has been the right company. But somehow, not counting Intel, I generally manage to turn even my long term holdings over within a 3 year period. It was not the best strategy, but I can't complain. Once I am completely out of margin, I will try for a longer time horizon. But in this day and age long term gain is now a 1 year proposition. 20% tax. gg. I am always happy now when nothing happens to my long term investments before it becomes long term. Of course. I do not sell my stocks just because the long term cap gain has been reached. But it comes in handy when you start getting antsy with one of your cos. Sonki and I have our priorities reversed. gg. I hold my stocks a lot longer in my IRA than I do in my reg. accounts. Sonki does it the other way around. I don't have margin in my IRA account so I am never pressured by a declining stock, as long as the company is still in good shape. With a margin account you tend to be quicker when it comes to selling. I have learned over the years that I am not quick enough at times. I will ride some of these stocks up and down too many times before I finally get tired of it. I was already upset with myself that I sold my long long term LU. But now I did hear just before the close that one analyst from Schroeder, I believe, has a target of 45 on LU. I was not positive about this target so I did not put it on earlier. But I heard it again on NBR tonight. I got to it too late to be absolutely sure that it was Schroeder. Yes. I love those stock splits. I have sev. cos. that did that 3 or 4 times over. I do not own Csco. I had it sev. times but always took profit. I had decided to stay with LU. Ouch. The other way around would have been a lot better. And last time I sold Csco, I could never find the right time to go back in. It was always too high. gg. Maybe I take the plunge this time around if it goes down a bit. Same old story. If you have a good company, stay put. Sigh. My RNWK, Yahoo and PSIX are splitting on Friday or Monday. And INSP and Nokia will have their turn in March. I believe JDSU also. Sounds like Splitsville all around. Maybe we will have another good market tomorrow. Globex is all black. But last night it was all red and it did great today. So who knows what will happen. Of course this productivity number today did not hurt. All I know is that I have been fully invested plus some for years now. Um.Um. So far so good. The NAZ is supposed to go to 5000 by the end of this year. I guess it could make it there in 1 week if things keep going like this. 100 points a day. Sheesh. Sometimes I get a bit worried when I look at things like that but then I think about my motto: You only live once, enjoy it. I probably should have added to that, while it lasts. gg. Sonny Um.Um. So much about safety in flying talk. In good weather yet. dailynews.yahoo.com

To: billwot who wrote (25396)	2/8/2000 10:11:00 PM
From: Sonny McWilliams	Respond to of 27012

Hello Csco Kid. This following article is pretty funny, I guess, if you call losing money funny. That last statement is meant for Dell. Csco guys and gals were awaiting news of Csco earnings and split probably by biting their fingernails? gg. I am feeling like one of these Dell posters. Hanging on by a thin thread. gg. One Dell poster wrote about posts of firing M.Dell. He must have read a post by our very own Frank. gg. And I have not even been on the Dell thread the last cpl of days. cbs.marketwatch.com Sonny