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Technology Stocks : Oak Technology (OAKT) -- Ignore unavailable to you. Want to Upgrade?

To: Neal Lipschutz who wrote (3525)	11/9/1997 8:23:00 PM
From: Kirk ©	Read Replies (2) \| Respond to of 4335

......figure as long as 90% of my portfolio is in oak...... Neal Lipschutz ===== Are you kidding? The ONLY advice anyone should give someone with 90% in a single stock is DIVERSIFY!!!! There are several good articles about this at suite101.com I stick to 5% max in a single company on a cost basis not counting company stock which is hard to reduce due to Uncle Sam the Tax Machine. Kirk out

To: Neal Lipschutz who wrote (3525)	11/10/1997 10:12:00 AM
From: AreWeThereYet	Read Replies (2) \| Respond to of 4335

Neal, So you have 4000 shrs which contains more than 90% of your portfolio!! Hmmm... maybe you should consider sell some of them at high 9's. I am not saying that OAKT is not good but it is quite risky for the FY98. aC

To: Neal Lipschutz who wrote (3525)	11/10/1997 10:25:00 AM
From: gregor	Read Replies (2) \| Respond to of 4335

Dear Neal : It's been a few years since I ran the numbers but on the subject of DIVERSITY. If you own one stock the volatility is 7 or 8 times the market. Two stocks will drop that down to 5 or 6 times the market. Three stocks 3 or 4 times the market. By the time you own 7 or 8 stocks it is about 1.5 times the makket and if you keep track of say the Berger 100 fund it would almost equal the market in volatility risk; not withstanding that the fund manager may beat the averages by skill. If you decide to "tuff it out" I hope you are a sound sleeper, but as soon as possible you should at least diversify to at least 5 or 6 stocks. Personally , that is what I do but also, most of my liquid assets are in mutual funds.................gregor