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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Homer who wrote (9445)5/2/1998 12:42:00 AM
From: Eugene Goodman  Read Replies (1) | Respond to of 64865
 
I will try to answer your questions.

When I retired in '93 I decided to go into the market with my lump
sum retirement and my savings to try to make a little money. I SWORE that I would follow a few iron clad rules

a] Don't loose money.

b] no margin, no futures, no options, no puts, calls no options, no options.

c] Buy and hold. Review every year.

d] Goal is a growth rate of 10 % per year.

e], f] have to do with the way I would analyze a stock.

I have stuck with sunw so far because it has exceeded my minimum
growth goal. But should I continue to hold it? Why not, I may be wrong. I can consider this not dead but lazy money; an insurance
policy that will pay off if sunw is a big winner in 10 years.

If the total yield goes down to 15 %, I will bail out. I have Bond Funds that yield 10 % and have a lot less risk.

I am fond of my comparison of the sunw, nscp stratey as a Kamakazi attack. Consider the dedication of the pilots. Can you see the same
on this or the nscp thread?

Investing is not a religion. All I want to do is to make a little money.

Gene