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Technology Stocks : TranSwitch Corp: Will they get Zenith Business?

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To: maris who wrote (667)6/17/2005 9:43:20 AM
From: The Ox   of 669
 
Hi maris,
Thank you for the walk down memory lane. I just reviewed all the posts on this thread since I wrote that one back in 2002.

I've watched TXCC from afar for the past 3 years. I happy for anyone who jumped in back in 2002 as they did very well with their timing. It took a lot of guts (or savvy) to jump in after the fiasco this company went through. A six to 8 bagger at this point, if one has held on all this time!

I haven't looked into the fundamentals in a long time and I may take another peak at them when time permits. There were too many other companies with distressed prices back then, so I'm not second guessing that's for sure. 2003 was a terrific year for my portfolio (+45%), had a relatively tough 2004 (but still net positive but only +4%) and the first few months of 2005 have been absolutely stellar (+50%)!

The last few months have really given a boost to TXCC's price. Telecom spending has started to improve, so it looks like there is still life left in TXCC!

EDIT: I see from your posts that you follow LDIS. I've got them on a watch list and have been considering starting a position there, fwiw.
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