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Re: roni post# 824

Monday, 07/07/2003 4:22:44 PM

Monday, July 07, 2003 4:22:44 PM

Post# of 147390
JimisJim dumps ADBE

I bought a long position in ADBE in '97. Since then, I sold most of that initial position, but held onto a few hundred shares because I liked ADBE and felt that they were a solid play in software. Psychologically, I also held onto a bit of ADBE because I use a lot of their products to earn my living.

But no more.

I sold the rest of my ADBE today putting the proceeds into more SYK and UPS.

I already have too much cash, but now that I've pared down my taxable account to just 4 positions and that cash, I think I'll take the summer off from buying or selling any more stocks.

Jim
(is Jim)
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