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To: freeus who wrote (7465)	12/12/2000 1:56:28 PM
From: alanrs	Respond to of 13572

Currently own about 25, although that is too many. About 90% is in 12 companies. I also don't use stops. I think stops are more important if one is day trading. If you have a reasonable understanding of a company you can often tell when it is at a good buy point due to general market conditions or bad press or whatever. Sometimes the price gets better. Sometimes it takes 6 months to recover. Take a look at PRIA over the last 5 years, or LSI, or NT. In my very humble opinion, these are all good companies which will recover, and which I have been buying recently. (NTAP & CREE also). Both PRIA and LSI have been very good to me, while NT, NTAP, and CREE are relatively new holdings (a year or less) that I believe are sufficiently strong to survive and profit, that is, worth holding long term, while also being quite volatile, thus affording both buy and sell opportunities over relatively long periods of time. I'm sure there are many others that fit this description, and I don't want to recommend anyone buy anything on my say so. This is a relatively unsophisticated approach, but it has worked for the last 6 years for me. I spent 7 years before that doing the Ben Graham value approach, and one year doing mutual funds, both with marginal results, but who knows what will work tomorrow?