My wive bought a stock named Arterial Vascular Engineering years ago, it was acquired by Medtronic - they make stents etc. (a subject which recently became near and dear to my heart, literally!).
Will look into it.
True but funny:
in Feb., the cardiologist was telling me what he would be doing - maybe a stent, perhaps an emergency bypass. When he said 'stent', I brightened and said "cool, my wife owns stock in Medtronic". The doctor just stood there and looked at me funny for a minute - he apparently couldn't handle somebody in the middle of a cardiac crisis making a comment like that. (He didn't know me very well <ha>.)
-Ben
>ah :) you have bonds :) sounds pretty good to me.
>
>If you are looking for someplace to re-gamble the original capital I
>have a
>suggestion, again the caveats, investigate carefully cause its your
>money
>and all that...
>
>but there are a couple of companies that are working on applications
>that
>use the work of the human genome project to improve medical care for
>individual patients. Sounds very interesting scientifically and seems
>like
>they could be very profitable (?)
>
>Might be worth a look. The company names escape me. And btw I have no
>financial stake at all in this suggestion.
>
>Dana
>
>Ben Braver writes:
>
>> Deanna-
>>
>> good questions.
>>
>> Main goal is to build enough of a nest egg to support a comfortable
>retirement.
>>
>> How much are we talking about?
>> Umm, I have 10,000 shares of the stock (up $9 a share <hee hee>.
>> (Like I said, I wanted a speculative gamble in a portfolio that's
>fairly conservative overall.)
>>
>> That's just part of my portfolio.
>> It's the only single corporate stock I bought,
>> so I'm thinking about an "exit strategy" for that one stock,
>> and where to reinvest the proceeds.
>>
>> My wife has several individual stocks in her portfolio.
>>
>> I spent about $30K on each of the two kids' tuition, plus buying
>them cars and living expenses while they were in school. Am trying to
>recoup some of that.
>>
>> A lot of my investments are "leave them alone long term" -
>> - 401(k) at work, penalties for early withdrawal -
>> in a mix of small-cap, international, and growth mutual funds
>> (hmmm, retirement investments are like sex:
>> if you withdraw too early, she loses interest!! /me ducks)
>> - tax-free insured muni bond fund (equiv. to about 7.5% taxable
>yield),
>> for some capital preservation and "dividend" reinvestment
>> - rental property (tax break and long-term appreciation)
>> - annuity tied to S%P 500 with guaranteed minimum yield
>>
>> We have the mortgage on the primary residence and the mortgage on
>the rental condo set to be paid off in my early 60's. In the meantime,
>I want the tax break on both loans. By the time I retire, the cash
>flow out will be a lot smaller, and I'll still have rental income on
>the condo, plus from the muni bond fund, and hopefully retirement plan
>and Social Security.
>>
>> Am feeling very lucky. I'm alive, have a loving wife, have a job,
>have some nuts squirreled away for the winter...
>> :-)
>>
>> -Ben
>>
>> >How much we talking about here, Ben? What are your goals, etc? My
>parents
>> >did some stock options once and used a one-time capital gains
>> >exception....not sure if that still exists....and then paid off the
>house, I
>> >believe. That could be an option.
>> >
>> >Oh, to have your dilemna....
>> >
>> >-d
>> >
>> >----- Original Message -----
>> >From: <[EMAIL PROTECTED]>
>> >To: "CF-Community" <[EMAIL PROTECTED]>
>> >Sent: Thursday, November 06, 2003 3:58 PM
>> >Subject: Stock dilemna
>> >
>> >
>> >> so everybody should have such a problem:
>> >>
>> >> About a year ago, I took a chance and bought a chunk of my
>employer's
>> >stock in my personal account. Bought in at $3.19 a share.
>> >>
>> >> Today it closed at $12.40, and has been going up quite a bit
>lately on
>> >good news.
>> >>
>> >> Price before they bought our site and the market turned south was
>about
>> >$13-$14.
>> >>
>> >> So, what to do?
>> >> Keep it all, hoping for even more gains,
>> >> Sell an amount corresponding to the original investment, getting
>my money
>> >out (so anything else is profit),
>> >> Sell it all (take the money and run).
>> >>
>> >> And if I sell, where the heck to put the proceeds?
>> >>
>> >> <sigh>
>> >>
>> >> -Ben
>> >>
>> >>
>> >>
>>
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