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Non-Tech : Charles Schwab (SCH) -- A tech-stock profile? -- Ignore unavailable to you. Want to Upgrade?

To: Complexio Oppositorum who wrote (402)	4/10/1999 5:39:00 PM
From: stock_bull69	Read Replies (2) \| Respond to of 1390

Complexio, I've held various amounts of SCH for over 3 years and don't plan on selling the shares I currently hold anytime soon. The on-line brokerage sector is hot with more and more investors leaving the old stodgy brokerage firms like Merrill Lynch and Payne Webber plus it helps that SCH is number one by far. Steve

To: Complexio Oppositorum who wrote (402)	4/11/1999 1:16:00 PM
From: X Y Zebra	Read Replies (2) \| Respond to of 1390

Shall I just hold them for life? No, of course not, it depends on your strategy.... I also took profits... I am afraid, too soon. But it is always better than taking losses. No one could really predict this incredible bull market over all, particularly in the Internet related stocks... While I tend to be conservative... I can not ignore the tremendous increments some stocks have had... so I acknowledge the risk that one day someone will say, "the emperor has no clothes" and most will believe it. So, I take the approach of carefully buying in, and as soon as a "reasonable profit" (whatever that may mean), is achieved, then I sell... so if the crash ever shows, my exposure is somehow reduced... I try to "rotate" positions, and sometimes I am not "fully invested"... So I acknowledge that I am leaving a considerable amount of money on the table... but I believe this reduces my risk. Using options is also helpful, as it protects positions and/or reduces exposure. The price of such protection is the reduced upside. I give a lot of weight to capital preservation. It has made a big difference in results.