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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (10624)8/10/1999 7:45:00 PM
From: DlphcOracl  Read Replies (1) of 57584
 
Rande Is: I also noticed the 10% drop in GBLX as well as several other stocks on my watch list. Even though the market may still go down 5-10% more between now and the end of the month, several stocks were compelling buys. I initiated 50% long-term positions in: GBLX, GMST (Gemstar Int'l), NOK, and MFNX. I may not have bought these stocks at the precise bottom, but this is close enough for me. Their fundamental stories remain intact, unchanged from two months ago when they were trading 50-60% higher (GBLX,MFNX). Still not willing to dip my toe in the internet waters, however.
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