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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (17923)	1/5/2000 10:20:00 AM
From: Rande Is	Read Replies (1) of 57584

. . . . . You are a Swap Meet Vendor. . . . . Doubled up my JDSU off the bottom. Point losers and percentage losers lists are a great place to shop for bargains. . . think of it this way. . . . You are a swap meet vendor. You run around to garage sales, store closings, auctions and estate sales to increase your inventories. You are not going to pay the price on the sticker. . . but instead you haggle to get the rock bottom price. . . you have a business to run and you know what your wares will fetch. So during your SHOPPING time, you look for the sales. . .you scour the bargain bins and you load your boat. . . . . because you know that very soon, the retail buyers will come in droves. . . .and will flock to your little booth, where your wares are all available for sale. . . .but at a greatly increased price. . . in fact, your gems are inflated to lofty prices that many scorn at. . . but you know someone is willing to pay your price. And soon enough, when those crowds come, you start getting the price you wanted for each of your little gems. You even raise some prices of your best wares and you get it. And you sell. . . you sell whatever anyone is willing to buy. And you Profit Often. Why? Because there will be a season whereby you will be buying more items at rock bottom prices. . . restoring your inventories. That is what we do here. . . .I buy JDSU as a high priced gem in the low 150's because I plan on selling it near 500 after a few splits. . and keep some free shares long . . . likewise, IBM and CPQ are undervalued bargain bin issues. Today, the point losers and percentage losers lists are out rate cards from which we buy our wares at rock bottom prices. . . because we know that soon we will get our premiums. Rande Is

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