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Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems -- Ignore unavailable to you. Want to Upgrade?

To: Jack Hartmann who wrote (723)	4/2/2000 7:58:00 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 896

Here's the update on the portfolio readjustment: From being up over 40% in the beginning of March, our portfolio, which by rule we can only change at the end of every quarter, is now up only up 3.6% for the year. Indeed, after seeing the direction of the market in January, I would have made many changes to the portfolio, encompassing the themes that seemed prominent for the year. Nevertheless, rules are rules, and we have a lot of spring cleaning to do. 1) Stocks we're dumping: ASDS (down 74%), ICGE (down 50%), ARBA (up 9%), OPTO (down 50%), PFSW (down 58%), CLIC (down 37%); IIJI (down 34%); AETH (up 142%). Notice that I am basically getting out of our B2B stocks and trading them for other sectors. 2) Adding to the portfolio at Friday's closing prices; IMNX @63 7/16; IMCL @76 7/8; AOL @67 1/4; IBM @118 3/8; AAPL @135 13/16; EGRP @30 1/8; WDC 7 7/16; NTCS @9 3/4. I will readjust the portfolio accordingly, making sure the correct gain of 3.6% for the quarter is reflected. I think the addition of a few more bluer chip stocks to the portfolio will make it a little more stable and enable us to receive better returns this spring. Stocks I continue to like on the more speculative side are MCAF - which performed well for us in March...AMAT - which is benefiting from the semiconductor boom...ADBE - a very undervalued software blue chip; MACR - same fundies as ADBE and also spinning of ShockWave.com... I will be doing more updates on our portfolio in the coming days. -Stock Operator