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To: shamsaee who wrote (8791)8/1/2001 12:08:32 PM
From: SecularBull  Read Replies (1) | Respond to of 10934
 
Split the difference. Sell some of it, and hold some.

~SB~



To: shamsaee who wrote (8791)8/1/2001 12:30:05 PM
From: kumar  Read Replies (1) | Respond to of 10934
 
Sham, an alternative approach : sell enough to cover your cost, rest is free money (as long as stock is not worth $0). eg : bought 1000 shares @ $9/sh. current price $15/sh. sell 600 shares to cover cost, 400 shares (whatever they are worth later) is free money.

I'm assuming no taxable events are created, in the above example.

cheers, kumar



To: shamsaee who wrote (8791)8/1/2001 12:32:51 PM
From: im a survivor  Respond to of 10934
 
<<This market makes it very difficult not to take 50% profits.>>

I agree....I still have some shares I bought at 19...watched it go to 27, didnt sell, and fall all the way back.....bought more in mid 10's and mid 9's just last week I think.....hard not to take 50+% in this market. Who knows...maybe this is the start of a sustained run, but all I know is for the last god knows how long, it has been up and down, up and down.......naz seems stuck in a range, and it seems every time we have a decent upwards move, it gets wiped out in a day, maybe two, of downward pressure......I want more ntap shares, but felt 50+% in a week was hard not to book...take it and run......Like I said, who knows, maybe we run non-stop from here....if so....I have the shares I bought at 19, which I dont plan on selling for years, or triple digits.......but, I hope to buy some ntap back cheaper then the 15.02 and 14.75 I sold it at....if not, life goes on, and I'll just have to be content with the shares I have.........