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


To: Marty who wrote (4345)12/18/1998 11:16:00 PM
From: Kirk ©  Read Replies (1) | Respond to of 8218
 
Incidentally, now that we are in new high ground, anyone who has sold recently made a mistake by not holding on longer. BIG BLUE is still a great buy.

Not at all.

#1 I sold 20% @$169.5 a month ago since my gains from buying at $24 had me over my limit of what I want to have in one stock. I trimmed back to 4% of total portfolio. I hope Big Blue goes up so I can do it again.

#2 If I had bought Amazon.com with the gains, then I would have been a very happy (and lucky at gambling) camper.

Bottom line, diversifying after a huge run is healthy. It is the managers of big companies that aren't smart enough to take some profits that I worry about.

More on IBM and this idea at suite101.com

happy christmas shopping weekend!
Kirk out



To: Marty who wrote (4345)12/19/1998 3:54:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 8218
 
Bob Gabele has earned a reputation for sound analysis of insider trading patterns. He knows whereof he speaks.

Tom