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 : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?

To: Caxton Rhodes who wrote (3009)	3/24/1999 8:36:00 PM
From: P2V	Read Replies (1) \| Respond to of 5390

Caxton, I too, don't hold losers long. I basically do as you do. I need short term profits to cover things like Taxes and vacations (and a few body parts for my 79 Ford F-100). For those reasons, I dumped Qcom last year and have been in and out of Ericy a number of times. (When I first note that my paper profits are beginning to erode, I jump ship - like a "dirty rat")! IMHO This tactic can (and should) be combined with some long term intelligent holdings. ******************************************************************* Nevertheless, I agree with MarginMike's opinion - on Ericy, and If I were a decade or so younger, I would hold Ericy long term, while continuing to buy on the dips. Also agree with MM about handsets. However too many so-called analysts base their evaluations on handsets alone. I believe that Tero has been a leading indicatior in the "analysis by handset" area. I failed to take his advice, and lost out on Nokia's runnup. ( BTW a similar problem with Compaq being evaluated as only a PC Box maker, also exists. That's why I dumped CPQ ) Q is one of my biggest holdings right now. And some "joint account" shares (which originally were Cascade Communications, and are now Ascend Communications/Lucent) make up another one. Therefore LU will also be one of other major holdings. BTW I originally bought LU in the mid 50's prior to their first split. Sold them in order to diversify, after the ASND buyout announcement. Way off topic, I suppose -- In his last year in office, Jimmie Carter initiated a major military rebuild program. I screwed up then, by not investing in defense related companies. (One company, which I should have kept was VAR) In his last year in office, Bill Clinton is now initiating a major military rebuild program. History repeats itself, they say -- However this time I will be seriously thinking about defense, and defense related companies. Now, repeat after me, "Go Ericy !! " :-) Mardy.