Hi Sueponine: One company I picked up a small position in just after their IPO was Handspring (HAND), which make a Palm-Pilot-like hand-held system, uses Palm-OS but is differentiated from PALM by being able to take hardware extension modules. You want an MP3-player, plug in the MP3 module. A cell-phone: plug in the cell-phone module. You get the idea. It was noticable that the day Intel dropped 13+ points, Handspring shot up 11 3/8 (pure coincidence I'm sure). Anyway, BTW, as Internet access broadens beyond the desktop, companies like HAND are well positioned to play a big role. Risky, but high potential. Market cap is already $7B, but it may have room to move from here since PALM is round $30B. Company was founded by the people who created PALM, but left when 3COM bought them (If I recall correctly)
Don't take this as investment advice, but it was the one bright spot in my otherwise dark portfolio yesterday. And the Christmas shopping season starts in a couple of months.
One other company that is 'undiscovered' and will play big in the Internet consumer-side buildout is WIND. They had their rocky patch last year, and I picked up a load at $12.5, lucky me. The market still doesn't understand that company, like they didnt understand SUNW until recently.
Good luck!
P.
Investment advice? You're talking to somebody who had 35% of his portfolio in Intel yesterday :( |
