Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lynn who wrote (3549)	1/5/1999 6:19:00 PM
From: John Carragher	Respond to of 17183

Boy that sure does sound like back home ,,, down east,,,, When I moved out of new england it was a shock to realestate people that folks actually had down payments to qualify on buying houses. I should add that the mid west was the same situation as New England but you get around Wash D.C. and they buy on credit cards. and L.A. loan sharks... just kidding. see ya John Do we add to our position here?? I sold neta today and have some cash. Looked at the jump and figured may be some profit taking but?

To: Lynn who wrote (3549)	1/5/1999 7:38:00 PM
From: SJS	Read Replies (1) \| Respond to of 17183

Not incredulous at all, Lynn. I just wanted to see if some of that large cache was usable to deploy, or the original wad was intact. I did the same thing with CSCO (we all have our stories...) but sold it all. I reached my upside goal. Did I leave alot on the table? Sure? Did I take away better than a double? Sure. I didn't want to be a pig. Am I back in CSCO now (many moons later and much higher?) Sure again. Good companies are starting to emerge that you can hold forever. EMC wasn't always that way, and CSCO was a 100 lb gorilla once, too. Who knew? You did, I sorta did, but sold to ensure that my work (ie good pick) was rewarded. I don't call it instant gratification, but it's more instant than your's, I guess. However, I commend you for your LT outlook/objective. I work in just a little different way, as I have a little bit of trader in everything I do. As TraderEd said, there is a reasonable exit point, and you're not there yet. My take is that there are multiple entry and exit points on the continuum. Right now, I am very tempted to "lock-in" the 15 points this puppy has moved very recently with a sell, or some option position to hedge this large gain. However, I know good things are coming, and have resisted this temptation. I will continue to monitor this, but thanks for sharing your perspective. Regards,