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.

Technology Stocks : SAP A.G. -- Ignore unavailable to you. Want to Upgrade?

To: Ibnbatutaa who wrote (780)	4/24/1998 8:01:00 AM
From: Marion Barker	Respond to of 3424

New to SI, been lurking for a month or so. Finally decided to join and make my first post. Bought SAP in the 90's. For those interested in suppliers to SAP. Take a look at ILOG. moneynet.com

To: Ibnbatutaa who wrote (780)	4/24/1998 8:43:00 AM
From: Ibexx	Read Replies (1) \| Respond to of 3424

Dear i.......a, Thanks muchly for your kind words, none of which was deserved, of course. Re. My question to you is; How do you plan to mitigate the SAPHY ADRs in a major down-market, when your usual refuge: (LEAPs) are not available? I take a rather simplistic approach to this: since I got in this stock at the averaged price of $55, I have more reasons to be calm about a normal market correction than those who got in at $176. And it would be less risky for me to take a 15-20% market retraction, should it happen, than to wrongly time the market and miss the upside. For the kind of stocks I keep in my core holdings, I don't really see a reduction greater than 20%, and I can live with this number. Over the years, I have tried various strategies of playing the market, but found the above to be the least the safest, least painful and most rewarding--one that is compatible with my temperament and life style. An averaged return of 35-40% (of over 30 stocks) may not be good enough for some people, but it's good enough for me. Regards, Ibexx PS: should SAP correct significantly, I would use that as a buying opportunity. Historically, I seemed to benefit from every major corrections in recent years except for the one in 1994. It was a long, protracted decline--no clear bottom seen at any time--that I didn't take advantage of.