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To: Janice Shell who wrote (3536)6/24/1998 10:55:00 PM
From: lazarre  Respond to of 11684
 
************OT***********************Then again......

<<<<

Buy what shows you a profit; sell what shows you a loss.>>>>>

About a year or so ago I bought a very small position in Ericsson. Terrible timing, I guess. Almost the very next day the whole cellular sector tanked; I mean everyone: Nokia, Lucent, etc. Much pain, lotta red. Days went into weeks and, well, like you say, " it was showing me a loss " Ouch. Didn't sell, though. Just happened to like the fundamentals ( also had their phones ). Long story short--go--Ericsson almost doubles from my low point, splits and is climbing again.

If I listened to you I wouldn't have been there for the runup. No,I would have lost money.