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Technology Stocks : Internet Guru Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Sgt. Stockpile who wrote (30)2/12/1999 3:57:00 AM
From: steve harmon - analyst  Read Replies (4) | Respond to of 4337
 
every investor must establish his or her own "sleep soundly at night" policy regarding their portfolios
i don't give individual advice per se

here's one approach, although it's only an opinion. your portfolio and decisions are always your own

perhaps determine what level you're comfortable seeing any stock at -- on the high side consider establishing a point where you take some profits. But maybe you don't unload your whole position at that point, just take some money off the table to earn back your initial investment, your cost basis

on the down side think of a share price on the bottom range where you simply don't feel comfortable holding the stock -- and watch it. If it continues to drop to that point then examine the fundamentals closely. See if the drop was on company-specific news or on a general selloff. If you still believe in the company and its prospects then perhaps you hold on, if the selloff was led by overall market weakness. If the company has some news or revenue results or strategies you don't like then maybe you consider selling