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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Gary Wisdom who wrote (37725)	11/28/1997 10:35:00 PM
From: sheila rothstein	Read Replies (1) \| Respond to of 58324

Hi Gary, When I read your post I have to agree with you too. No, I'm not sitting on the fence, however it would appear that occasionally holding a stock long term (esp. a Tech stock could involve a loss) and selling too soon or trading could also involve a loss. So both strategies are right and one has to be happy with the profits one makes regardless of the way it was done. I found "buy and hold" works well for Canadian Bank stocks. They always go up and split and then rise again. However, the Canadian $$ is sinking and I'm very happy to have my portfolio in the US market. SR

To: Gary Wisdom who wrote (37725)	11/28/1997 10:38:00 PM
From: jwk	Read Replies (2) \| Respond to of 58324

>> I stand by my creed that the only way to make money in most techs is to trade them. << I understand the operative word here is most, otherwise I'd be asking you what I should do about this ~100% return on my buy and hug strategy since loading up last winter. <g> ----- EP -- as you may have seen, refurb PP's are out there for $89

To: Gary Wisdom who wrote (37725)	11/28/1997 11:36:00 PM
From: FuzzFace	Respond to of 58324

Gary, then we're basically agreed. But, really, I do not idolize anyone. I'm not sure what you meant by that. If you are referring to Fido, it's his approach I'm adopting, for now. That's a far cry from idolizing his specific trades. He doesn't try for home runs, but singles and doubles, and as a result, he keeps on an even keel. Consequently he's no doubt spared himself the kind of emotional exhaustion I feel right now. It's not the trades I admire, it's the approach to trading. I sold all for the first time in months because I was tired and because I thought the chances of a retrace to the 20's was excellent. It still is, but now I think we'll hit 35 first. BTW, I wrote to others here much the same of what you've write to me recently. So, obviously, I've changed my mind somewhat since then. I always reserve that right, and grant the same to others.