Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: DanZ who wrote (1394)	2/1/1998 9:09:00 AM
From: Ron McKinnon	Read Replies (1) \| Respond to of 11568

Z Portfolio-Janurary Results The overall "blended" market was up appox. 1-2% so our 2.56% return compares very well. We are making fewer trades than in the past and have a bit more "thought" put into them. This, I think, is a positive. We left a ton of profits on the table, maybe $15-20,000 by "selling too soon" but as the old saw goes "no one ever went broke taking profits". Looking at our sales with 20-20 clarity, most/all of them made sense at the time we sold them, then ran some more after the fact. We might learn a lesson from ORCL; this one had been destroyed by the market but some great media PR by Ellison brought in some "bargin hunters" and the sucker ran up 25% or so in a matter of 3 days. One way to play a "runner" like this would be to phase out of a position by selling off a peice at a time, rather than a total sale. Our only big "mistake" was buying and holding IOM over the earnings release date Again, this is clear only after the fact. I happen to believe that there is much more downside than upside in holding for earnings and try to never intentially be in a stock on the earnings date. But, that is just my personal philosophy and is not meant as a hard and fast rule nor as a critical comment. A tip of the hat to Sue for the way she played our good friend TLK. This is a "nutso" stock that gaps almost every day on the open. I played this myself the past week and made a nice $1,500 or so on it; but if I had followed Sue's lead and copied her sale points would have seen more like $5-6000 of that good green stuff. It is just so easy to see the "right" moves after the fact. I hope that by looking back over our plays we can all learn a bit that will make our own personal trading decisions a bit better. After all, that is the end game to our paper portfolio here. Closed transactions sorted by %. MUEI 12/31 larry 3000 9.1250 27375 1/14 10.8750 32625 5250 -15 5235 19% INTV 12/31 dan 5500 7.5000 41250 1/20 8.8125 48469 7219 -15 7204 18% SCOP 12/31 dan 2000 12.0000 24000 1/5 13.5000 27000 3000 -15 2985 13% TLK 1/28 sue 2000 7.8125 15625 1/30 8.8125 17625 2000 -15 1985 13% ORCL 1/9 dan 2000 19.1875 38375 1/21 20.3125 40625 2250 -15 2235 6% COMS 1/9 david 1000 31.2500 31250 1/14 33.1250 33125 1875 -15 1860 6% IOM 1/2 sue 2000 12.2500 24500 1/5 13.0000 26000 1500 -15 1485 6% IRF 1/15 ron 2000 11.1875 22375 1/29 11.8750 23750 1375 -15 1360 6% LSI 12/31 dan 800 19.6250 15700 1/12 20.7500 16600 900 -15 885 6% NSCP 1/22 larry 1500 18.2500 27375 1/22 18.8125 28219 844 -15 829 3% DO 1/14 marion 600 41.4375 24863 1/15 42.4375 25463 600 -15 585 2% BTO 1/6 larry 2000 12.6250 25250 1/22 12.7500 25500 250 -15 235 1% OCQ 1/20 marion 1000 27.5625 27563 1/20 27.6875 27688 125 -15 110 0% TLK 1/22 sue 2000 7.0625 14125 1/26 7.0625 14125 0 -15 -15 0% ORCL 1/7 dan 2000 21.2500 42500 1/28 20.8750 41750 -750 -15 -765 -2% RII 12/31 larry 1000 23.3125 23313 1/22 20.7500 20750 -2563 -15 -2578 -11% EGHT 1/20 sue 2000 7.1250 14250 1/22 6.1250 12250 -2000 -15 -2015 -14% 21620 Present holdings; Z PORTFOLIO Stock DATE SPONS. # Cost Cost $ Date Close Close $ G/L Comm Net G/L % Sold AAC 12/31 dan 2500 7.4375 18594 6.1250 15313 -3281 -15 -3296 -18% ADAC 12/31 dan 1500 19.7500 29625 21.1250 31688 2063 -15 2048 7% ADAC 1/2 dan 1000 18.9375 18938 21.1250 21125 2188 -15 2173 11% BAY 1/21 larry 1000 26.8750 26875 27.0000 27000 125 -15 110 0% DIGI 1/15 dan 1500 21.5000 32250 20.0000 30000 -2250 -15 -2265 -7% ESOL 12/31 dan 2400 4.3125 10350 4.9375 11850 1500 -15 1485 14% GRWX 1/30 dan 3000 5.9375 17813 5.9844 17953 141 -15 126 1% IOM 1/21 dan 2000 13.0000 26000 9.0625 18125 -7875 -15 -7890 -30% LNET 12/31 dan 2500 11.0000 27500 11.8750 29688 2188 -15 2173 8% LUV 1/22 larry 1000 27.2500 27250 26.0625 26063 -1188 -15 -1203 -4% MOOV 1/15 darth 10000 1.3750 13750 1.5000 15000 1250 -15 1235 9% MPARY 12/31 ron 5000 5.8750 29375 5.5000 27500 -1875 -15 -1890 -6% MUEI 1/15 larry 2000 11.6250 23250 11.6250 23250 0 -15 -15 0% NTN 12/31 sue 10000 1.0000 10000 0.9375 9375 -625 -15 -640 -6% PAUH 1/6 dan 3000 10.0000 30000 8.6250 25875 -4125 -15 -4140 -14% PETM 12/31 dan 6500 7.2500 47125 7.4375 48344 1219 -15 1204 3% SCOP 1/30 dan 2000 11.2500 22500 11.2500 22500 0 -15 -15 0% SZ 1/28 steve 10000 2.3750 23750 2.3750 23750 0 -15 -15 0% TLK 1/20 sue 2000 8.3750 16750 9.3750 18750 2000 -15 1985 12% * * * * *** 451694 443147 -8547 -285 -8832 -2% Portfolio Summary Beg Bal 500000 Plus Gains Realized 21620 Less Holdings at Cost 451694 Equals Cash Balance 69926 Plus Holdings At Present Price 442862 Equals Total Portfolio Balance 512788 Portfolio Change YTD 12788 2.56%