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Technology Stocks : Walt Disney -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (534)	5/1/1998 7:34:00 PM
From: Dorine Essey	Read Replies (1) \| Respond to of 2222

Freeus, Well, I sold INTC to buy DIS and their both doing good. I should have sold SUNW instead of INTC. I'll buy back on a pullback. I'm going away for a couple of weeks. Am leaving on Monday afternoon. Hope my stocks do well. Just pray there's no big correction while I'm gone. Dorine

To: freeus who wrote (534)	5/3/1998 12:19:00 AM
From: Whiskey	Read Replies (2) \| Respond to of 2222

freeus, There is a difference between a stop loss and a stop limit. On a stop loss your stock may drop way below your stop price before it hits. For example if you set it at $110. with a stop it could go by the stop and sell at $90. before the trade has time to execute. A stop limit sells the stock only at the price you set not above or below. On bad fast days your stops may not execute until you have lost a lot of money. Change your stops as the stock goes up to protect profits but still keep in mind capitol gains. Is the stock going to drop far enough to offset your capitol gains tax you will pay or is it better to ride out the dip and wait till it comes back up. If you have the faith in the stock to buy you should be very careful with the stops. FWIW, Whiskey