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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (5643)5/2/2000 3:37:00 PM
From: Bosco  Read Replies (1) | Respond to of 14638
 
Hi t2 - if you buy it long term, probably you are alright. However, excluding your case, and in general, just as a reminder of myself, there is no such a thing called risking too much for not overweighting [I presume you have a lot of BCE or NT] in a volatile market like this. As recent as today, I sold a loser for 20% less than I paid for it, but sometimes, capital preservation is to least risky action. But then, it is just me.

As far as NT is concerned, even after I ve lightened up, she is still 1/3 of my portfolio [that shows how bad I did in the last month :(,] and it is likely I will sell anymore in any event.

best, Bosco