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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: DownSouth who wrote (14061)1/9/1999 8:29:00 PM
From: chalu2  Respond to of 74651
 
That's always a good question. With MSFT, I figure I have it forever, and will never sell. With AOL, I just keep raising my stop loss price.



To: DownSouth who wrote (14061)1/9/1999 9:30:00 PM
From: Jake0302  Read Replies (1) | Respond to of 74651
 
The biggest problem with investing is not deciding what to buy and when but deciding when to sell? So says Downsouth with respect to my statement that I own AOL and YHOO.

In the case of those two stocks, I have bought them as long term holds (5-10 years) within the context of building a diversified portfolio which I pick from the Money 30 and Wired 40 indexes. Those indexes give me a good starting point, which is heavily tech weighted.

My positions in AOL and YHOO are relatively small positions in my overall portfolio, but I can't complain about their performance (%300 and %150) since I bought them in July. Can you say brand name? We are at the start of the Internet era, the very early stage. I'm not planning on selling these. In part, they'll pay for houses, kid's education, etc down the road.