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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (1638)10/31/1998 1:31:00 PM
From: Dale BakerRead Replies (2) of 118717
 
OK, I'm back from a lovely, sunny jaunt to Peljesac and Korcula (feel free to E-mail me for travel tips in Croatia).

Life would be looking grand if it weren't for PVN and REXI floating higher on hot air and NRAG wallowing despite the placement news. Consider the rest:

WCOM - news.com - nice earnings news and nowhere to go but up with the MCI merger done. Great long-term hold.

RLT - back over 20 with no resistance on the way back to the 30's once they get a decent quarter under their belt.

LOR - more great earnings and big movement in the January 2000 25 LEAP calls I hold.

New additions - I broke down and bought some AOL and DELL for long-term holds. I know they are the overvalued and prone to serious pullbacks, but over the past two years they have come back kicking every time. I finally decided I can't afford not to own at least a small bit of each. I expect AOL to reach a new high before it splits, and DELL earnings come in a couple of weeks.

So what's everybody else up to?
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