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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (3546)	1/5/1999 5:17:00 PM
From: TraderEd	Read Replies (1) \| Respond to of 17183

That is right and I will continue to do so until I have a reason to sell such as a major change in the company's fundamentals. Oh, every now and than I sell off a thousand shares or so to buy a house or a toy, but in general I keep all my original shares. In EMC, for example, I now have 12 for each of my original shares due to the splits.

To: SJS who wrote (3546)	1/5/1999 6:07:00 PM
From: Lynn	Read Replies (2) \| Respond to of 17183

You sound incredulous, Steve, that someone could buy a stock and hold it a l-o-n-g time. TraderEd is not alone. I and many other non-traders have stock in our accounts we've held 'forever.' My shares of SUNW go back to their original, dividend paying, convertible bond. I won't tell you my cost basis, but I've also been through every split of CSCO and CPQ since they went public. Sure, I could have possibly made more money if I had gotten in and out, but only in hind-sight. What good does a paper profit do? It gives one financial security, something to fall back on if one needs it some day. It enables one to make generous contributions to charities from one's regular income and dividends. Paper profits do _not_ enable one to make major life-style changes (yachts, expensive foreign cars cluttering the driveway), but many of us buy and hold investors are content owning a row boat and driving an older, dependable Ford, Chevy, or Olds and really don't want more, even though we could afford it. Lynn