SI
SI
discoversearch

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.
Pastimes : THE COFFEE SHOP--A place to discuss Minute Subjects -- Ignore unavailable to you. Want to Upgrade?


To: Ish who wrote (22127)5/25/1999 11:09:00 PM
From: Mephisto  Read Replies (1) | Respond to of 24894
 
Yeah! Just thought about market correction. A net friend has been worried, and I am upset because I did not warn him that correction could be more serious than I thought. At Monday's close, Ralph Acampora predicted another 5 percent drop.

I'm not going down with any zinga market so, over the past month or so, I have sold shares in AOL and other tech stocks. I have shifted money into conservative areas.

Vividly, I recall what happened to NETSCAPE and Micron Technology in the past.

However, I had not planned on paying a bundle in capital gains. Mind you, I have not sold any shares in long-term holdings like Sun Microsystems. I have other techs but it is the only one I can think of at the moment.

Also, come hell or high water, I will hold DOW stocks like Merck, Johnson & Johnson, BMY, General Electric etc.

And, of course, I will hold AMAT and my other semis.

How bout you? How do you hold up in this market?

M..............

PS: Beau Jocque sings song about Cisco Kid that I mentioned. It was very strange that I happened to see your message about Cisco Kid when song played. I had meant to send a PM to someone else and I clicked on your name by mistake. And you were chatting about the Cisco Kid. <g>