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To: Sam Citron who wrote (101634)4/19/2000 11:13:00 AM
From: Bill Harmond  Read Replies (2) | Respond to of 164687
 
My taxable account is comparatively small, but that was a consideration.

The main one is keeping positions. I learn about great companies but would trade out of them for something else. I've had big stakes in come that have been huge hits over the years, but I traded out of them too early...examples PeopleSoft, US Robotics, AOL (about 5 times!), Ascend, Uniphase, Siebel.

Not that I have any complaints, because I've done really well. I would have done better had I stayed with these.

So I've try buy and hold. I'll see how this works.