Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Bob Kim who wrote (102869)	5/7/2000 9:55:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Glenn, Here's a link for an interview Blodget did recently. The site even promoted it as having exclusive 1-yr price targets from Blodget. These targets seem to be so exclusive that ML brokers and their clients probably won't recognize some of them. Bob, I was going to compare some of the price targets that I had not heard in the past but the Merrill site is undergoing maintenance this weekend. I enjoyed this line too: "There are a lot of ways to get at the Internet without actually buying the pure-play stocks. If you do have a strong stomach, and you want to have direct exposure, unless you are just hyper-aggressive, a good strategy would be to only put a small percentage of the overall portfolio in the sector. That way, even if the stock goes down 75%, you are still protected because you haven't been that exposed. We think the best way to succeed over the long haul is to diversify. Buy ten or so stocks, and hold them for the long haul. " I do not have a clue what the average dollar amount of a portfolio is in the US. The above line does not work if I was to guess that the average portfolio is $300K or less. To own just ten pure plays and have it be a very small portion of that portfolio, one would need to buy in many cases 25 shares of a firm maybe 50<G> Maybe Blodgett assumes that the average portfolio is $2 million or more. I tried to put to together a model portfolio of ten stocks with 100 shares of each of the leaders and end up at minimum with 50% of a $300K portfolio. It would be 10% of a $1.5 million portfolio, etc. Glenn