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Technology Stocks : Internap Network Services Corporation -- Ignore unavailable to you. Want to Upgrade?

To: TheStockFairy who wrote (809)	3/21/2006 4:06:27 PM
From: Jibacoa	Read Replies (1) \| Respond to of 1011

They say there is nothing wrong with taking profits. However, sometimes it leaves you with bad memories.<g> I still remember when I sold my TRE (Tool Research & Engineering) around $15, that I had bought at $3 & $4 and bought more after attending the annual meeting in Hollywood in 1967 when they were passing around pieces of the honeycomb material that was to be used in the supersonic transport plane. I didn't like looking at it climbing to around $93 a few months later, since at that time, the $$ difference would had been also significant for me. I have at least half a dozen or more of similar cases, the one that would have made a larger difference in $$ was when I sold a pretty large chunk of Resorts International in 1976 that I had bought around $3 & sold at less than $10 with almost a 300% gain.That was before they approved the casinos in Atlantic City and by next Summer I saw the stock at $200 (If I had held at least half of my position it would have been a difference of several $Ms.<g>) Since then I have a "portfolio" of "old stocks sold" made out of the remnants of stocks sold with at least a 100% gain, and I don't usually look at it too often since I figure that my base cost is zero & anything above that are profits.(Sometimes I am pleasantly surprised when I am forced to sell some stock that another company is buying for cash. <g> ) My cost on IIP or INAP at present is less than $0.20 not counting or deducting some nice profits on previous trades.<g>