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Pastimes : John Dessauer's Investors World

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To: DWB who wrote (2257)1/5/2000 11:38:00 PM
From: Richnorth   of 2346
 
Thanks for your insights.

QCOMM gave quite a scare to me this morning when it went down to $145 and threatened to go even lower to say $110. But I am glad it went back up close enough to $160.

To be sure QCOMM has gone quite far ahead of itself pricewise and many big movers and shakers are shorting the stock bigtime. But with the interest and enthusiasm of fresh investors, I also tend to believe the stock will be climbing again sooner than later.

I made $2000 on JDSU when I bought 100 shares @$165 in the morning a couple of days back and sold it off in the afternoon just before closing time @185. I tried to do the same thing with QCOMM yesterday but was caught. Anyway, I believe I will come out a winner if I hang on long enough.

BTW, CNBC says there is a new gold rush on:-

cnbc.com.

You are probably on top of this one already, but I am posting the URL for the benefit of those who might be interested.
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