Q1 2007 Stock Purchases - Reflections

Since buying some of my stock picks on 1/22/07, one of the purchases, Avnet (AVT), has had a significant run up. Although Avnet came close, it didn't meet my criteria for selling. While I would like to take a profit, I will continue to own Avnet. My other purchases have performed as expected, some up and some down. Genlyte is no longer a pick in my system and I will sell it once it is over my purchase price.

Here's how my Q1 2007 purchases are performing:

Stock	Ticker	Shares	Price 1/22/07	Price 2/9/07	Gain Loss	Percentage Gain/Loss
Avnet	AVT	200	$26.115	$34.46	$1,669	32.0%
Coach	COH	50	$44.01	$46.86	$142.50	6.5%
Biogen Idec	BIIB	50	$51.14	$49.50	$82	3.2%
Genlyte	GLYT	50	$76.5	$73.47	$151.50	4.0%

The overall gain is $1,578 and 11.4% for a total investment of $13,805.50, excluding commissions. While the market was a bit choppy this past week, I am still bullish as I think corporate earnings will continue to be strong this quarter. At this time, I plan to continue to own Avnet, Coach and Biogen. I will sell Genlyte on any rally that puts it above the purchase price.

Also, I am no longer trying to buy CB Richard Ellis (CBG), even though it meets my buy criteria. The additional interest rate uncertainties from this week make a commercial real estate service company less desirable for me.

For more Reflections and Musings , check back every Saturday for a new segment.
This is not financial advice. Please consult a professional advisor.

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