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.

Non-Tech : InvestRight Club Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (780)	3/16/1999 12:27:00 PM
From: Jeffrey L. Henken	Respond to of 2662

All investors should make some personal rules for themselves. I like the idea of selling 50% of a holding if certain percentage gains are achieved and letting the rest run if the fundamental story on a stock has not changed. If the stock retreats after your profit taking then an investor has more cash to buy back in or select a new investment idea. Sounds like you are doing this already. Very astute Francois. If the stock continues on to new highs, well then you still have half of your investment working for you. I will from time to time point out when I think a stock may have reached a temporary top. I was premature on XNET but I believe it did top temporarily today. WCAP hit a temporary top this morning but I would not hesitate to buy back in at lower prices. Patience should pay off very nicely on WCAP and perhaps XNET as well. Thanks, Jeff