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To: Joseph B. Schmidt who wrote (3871)12/3/2003 1:27:40 PM
From: Sergio H  Respond to of 23958
 
Joe, we clean out the folio from time to time and sell "abandoned" positions and sometimes take profit on positions that have been fully develoved or sell positions that have taken a bad turn. The first option is ours when we determine that someone will not be following this thread anymore and the latter options we leave up to the individual contributors.

Our CFO, Iowa Joe has limited our folio to 30 positions. As soon as someone closes out a position we can add a new stock.