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

To: lee kramer who wrote (32758)	6/13/2000 5:17:00 AM
From: JDN	Read Replies (2) \| Respond to of 64865

Dear Lee: I have thought of that, and may some day open a on line account. Right now the commissions and taxes would hardly make it worthwhile to fool around with minor gains. One big advantage in holding a stock like SUNW is eventually your basis gets so low market fluctuations dont faze you much. For instance, in SUNW my basis is around 12 a share, EMC not much more despite the fact I do still buy both on major dips. Others here, like Charles are even much lower. JDN

To: lee kramer who wrote (32758)	6/13/2000 6:34:00 AM
From: JC Jaros	Read Replies (1) \| Respond to of 64865

That 'simple suggestion' is never how it works. Once you introduce the second guessing activity into a position, you've contaminated your disipline. --- I hold a small percentage of my portfolios and the portfolios I manage back for 'trading' activity. My number one rule though is and has been "Don't ever say (utter, type, click) the word 'sell' and the name of the stock which is the subject of this thread, in the same sentence". --- That strategy has worked out very well. SUNW makes up ~80% of my holdings and my cost basis is in the neighborhood of $6. --- There have been many times that I could have made a few extra dollars 'trading' out and back into SUNW. The bottom line though, I'm quite sure would not be as great than it is today from just sticking with the sigular hold-hold-hold (and Debbie-Debbie-Debbie) mantra. --- Virtually every fundamental SUNW investor who I've read get sucked into 'trading' SUNW short term has lived to regret it, usually by finding themselves getting dumped out of SUNW altogether. --- This thread is tens of thousands of posts deep with several years of living history. Were you to go over that history, you would be able to see many 'traders' come and go, a few investors become trading casualties, and of the names that remain familiar to you as you read from the past to the present, those of us still here to post are ALL long term SUNW investors. (FWIW) -JCJ