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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI) -- Ignore unavailable to you. Want to Upgrade?


To: Liz Rivlin who wrote (590)2/10/2000 6:04:00 PM
From: bluejeans  Read Replies (1) | Respond to of 1154
 
perhaps the use of trailing stops on a part of your position would be a way to handle the tendency to not take profits.



To: Liz Rivlin who wrote (590)2/10/2000 8:10:00 PM
From: OldAIMGuy  Respond to of 1154
 
Hi Liz, This was a sweet dream. I've owned this stock (and CRIC before the name change) since about 1985 or '86. It's been one of the least glamorous stocks of the entire biotech sector for most of that time. However their science and business model have always produced pretty good results (even if the stock never reflected it until recently). It's also one of the "oldest" of these companies.

I only have about 1/3 of the shares I had a year ago. However, I now also have a very fat cash cushion that will help me sleep at night! GENE's gone from being an interesting and sizable holding to being the single largest holding in my portfolio in just three months. Ten bagger status also makes me smile after all this time.

Some could fault the "time-value" of holding onto a stock as long as I have, but I sure would have hated to have missed this ride! Move aside Space Shuttle! This was not a "Hockey Stick chart, it just went Ballistic! :-)

Best regards, Tom



To: Liz Rivlin who wrote (590)2/11/2000 7:46:00 AM
From: OldAIMGuy  Read Replies (2) | Respond to of 1154
 
Hi Liz, I take profits in all of my investments via small incremental sales. Call it "inventory control" for lack of a better description.

Now that we've all had a night full of sweet dreams, what's reality going to do to us today?? Any wild speculations? Educated guesses? Hunches??

Best regards, Tom