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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (8143)4/18/1999 12:58:00 PM
From: Neal davidson  Read Replies (2) | Respond to of 29970
 
Grace, you are absolutely right. It is so common for investors to hold onto their losers, simply hoping that they will come back to the level where they were bought, while selling their winners too soon. There have been many studies on the topic, and they all show the same thing: investors sell their winners too soon.

Everyone, repeat after me: I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM.I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM. I will not sell my ATHM.



To: GraceZ who wrote (8143)4/18/1999 1:00:00 PM
From: Gregory S. Wagner  Read Replies (1) | Respond to of 29970
 
Grace, thanks for the prompt and candid response. I tend to agree with your investing style about going with a winner.

I'm curious though (sorry for all the questions), but when did you make the decision to unload INTC. What was the signal to move on?

Same thing for ATHM or any other technology stock, if you invest heavily into a company in a strong growth phase, what philosophy do you(you, personally) use to take profits and move onto new opportunities? You obviously did that with INTC. People at INTC thread, as well as a lot of other places are still looking for more profits to come.

Thanks again for sharing your perspective.

Greg