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To: SJS who wrote (15517)3/19/1998 2:58:00 PM
From: Czechsinthemail  Read Replies (2) | Respond to of 95453
 
Steve,

You missed my point. The idea is not to sell and shift from these companies but to shift between them. It keeps you in the sector, allows a way to take some tax losses, and lowers your basis. I only do it when I feel one company is temporarily out of synch with the group, overvalued or undervalued relative to others. If the discrepancy seems large enough I will make the switch, selling the relatively overvalued one and buying the relatively undervalued one.
Baird