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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: fuzzymath who wrote (30887)	4/15/2000 10:14:00 PM
From: JC Jaros	Read Replies (1) \| Respond to of 64865

Re: math algorithms --- Well cost averaging is a good thing. Ask Charles. Well, ask Charles next week. <g> --- I've been fortunate, but probably somewhat typical. The only time I was 'underwater' with SUNW was a June buy at ~$60 directly before that Elaine Garzarelli/Janet Reno cruel summer of '96, or whenever that was. It was $7.50 (split adjusted) and bought at the peak of a bull tide. Today, it's more than $75.00 at the low ebb of a market downdraft.--- After identfying SUNW as a Biblical level example of INEFFICIENT equity pricing, I started buying it and didn't stop, except to do nothing more and just not ever sell it. If it were a bear market, I'd be in a 12 step program. <g> I haven't had or managed a diversified portfolio for a few years now, including portfolios in trust, btw.--- Rather than a diversified fund or other blue chip alternatives, I'm more comfortable putting ANY money, over a broad array of different objectives and horizons, into SUNW. --- I think Albert Einstein, who was enamored of 'compound interest' would be more drawn to the algorithm of 'buy and hold' investing. Although it'd probably take his wife to do the actual cost averaging purchase disipline. <g> -JCJ