To: ayahuasca who wrote (29301 ) 3/24/1999 10:57:00 PM From: Jenna Read Replies (1) | Respond to of 120523
VRIO..I know. and adding an intermediate portfolio to Market Gems I was asked on numerous occasions, but I have not planned on doing that but will look seriously into it in the next few months (again when we have our own server. I know the advantages for sure. Its funny I am so involved with VRIO in business, we are going to have our server with them and currently their service is better than superior, so I'm so complacent I barely look at the stock and you will note I'm not worried about it at all. In fact I have added to my position in VRIO which as you know is sitting in my intermediate portfolio not to be opened for 3 complete months. This is the third month so 'officially' at April 23 I can re-assess the position. Now the intermediate holdings were placed from end of January (last earnings season) and will be 'churned' by mid April with a new slew of stocks reporting at that time. Some of them I will leave (i.e. MTP,MACR, SNC, INF, CBS, ADLAC, STRX,SKYT etc)for another month or two. Others were put in this month and they will also remain until June. One thing I will say and I haven't figured how to handle that is that the ones I finally sell continue to accelerate after I sell them with no difference if its AFTER they reach their 52 week high.. The very oldest holding there was G bought in january 1997 (same time I bought AOL) when I had my original account with Hambrecht & Quist, and which I was actually losing on for a time about 18 months ago also reached a new 52 week high but this time I didn't sell my shares. You can make a case here for the 'buy and hold' theory but NO, because the acceleration was quickest after earnings and the newer ones had an average profit rate higher than the older ones.