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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: Rob C. who wrote (4640)	4/15/1999 12:12:00 PM
From: EdR	Read Replies (2) \| Respond to of 20297

Rob- As long as you are keeping us advised of your +'s and -'s , what is your cost basis on the 4,000 shares? Ed...

To: Rob C. who wrote (4640)	4/15/1999 12:48:00 PM
From: zuma_rk	Respond to of 20297

Rob -- It only hurts if you take it off the table... In my (very humble) opinion, the trick is -- get in the money and stay* in the money*, without incurring an excessive margin debit. I'm in the habit of not discussing specific trades, positions, etc., but I will say this -- I started buying CF back on 2/15/96 @ 21 1/8 (just a modest 100 shares in my IRA, mind you), and have added steadily, in many, many small lots since then. I was in there heavily during the famous "camel hump" period between 22-30 early last year, and was pretty darn happy I hadn't yet expended all available funds when the thing tanked to six... Every once and again, I'll sell 100 shares or so, just to re-convince myself that I can effectively fight the Gordan Gekko urge to be greedy. If it goes up 10 points the next day, so be it. The point is, the market's never gonna tell you when it's reached the top, and your shares have no clue as to who you are, how long you've held them and at what price. (I look forward to the day that one of those lots of 100 shares picked up for $7 3/8 ($737.50) in October of last year can be sold for a nice, round $10,000 when and if CF hits $100). There's something to be said for being comfortably above your average cost, and not screwing around with it... What works for Lynch and Buffet is just fine by me... Sorry if I sound preachy -- just an opinion. There's definitely not one answer...there's as many investing styles out there as there are tastes in fashion...none of them right for every occasion, just different. RK