SI
SI
discoversearch

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


To: rudedog who wrote (37624)11/11/2000 11:29:34 AM
From: Yaacov  Respond to of 64865
 
Trying to buy at the absolute low, hang on for a higher high - all fine if you are married to a stock. ""

Hello rudedog, you and I in the past severl years have discussed this investment policy many times, and we see eye to eye! When I sold SUNW at 117 to 118 about a months ago, this is what JC posted:

"""To: Yaacov who wrote (37460)
From: JC Jaros Sunday, November 5, 2000 3:01 PM ET
Reply # of 37624

Yaacov- Maybe it's the sulphur they put on the grapes. Anytime you have money in an equity, you're 'depriving yourself of cash'. Conversely, when you have cash, you're depriving yourself of equity. --- I, and others here are up like x20 with SUNW over 4 years. If we would have not rigidly 'stuck to dogma' and sold every 10-30% and tried timing back in on dips, we would be nowhere *near those gains. ---"" I guess, JC beleives there is more than one way to skin a cat!

Kind regards

Yaacov



To: rudedog who wrote (37624)11/11/2000 2:14:48 PM
From: Charles Tutt  Read Replies (2) | Respond to of 64865
 
Every time I have tried to diversify, I have ended up regretting it, because the things into which I diversified got slammed worse than SUNW. Show me another company Sun's size growing at 40-50% per year and selling at as low a PE and I'll buy some.

JMHO.

Charles Tutt (TM)



To: rudedog who wrote (37624)11/11/2000 6:51:22 PM
From: JC Jaros  Read Replies (1) | Respond to of 64865
 
What do *you know about long term investing, rudedog? That everyone else is doing it better than you? -JCJ