ira agatstein,Re: : " selling UNPH @ $35". it is important however to also acknowledge the benefits currently made possible by the " new era technologies of rapid internet investing ": Broadband Cable modem + CPU 400Mhz + CNBC news +Naz levelII + e-Signal trading station + Internet widespread investing info to assess their impact on your investment returns.
By my paper napkin calculations, $1 invested in JDSU Jan 3rd. 2000, appreciating at a 25% rate, compounded, every two weeks,( Jan 3 - Jan 18 ) after a year will be worth ~$264 i.e. a 26,400% return.
I will be happy with a fraction of that
:-)
This is posted for the education of any possible aspiring daytraders who are reading the JDSU thread so that they know the...rest..of the story , and compare it to
siliconinvestor.com
:-)
TA@looking for a prosperous year with JDSU.com :-)
back much later ----------------
Message #4741 from ira agatstein at Jan 19 2000 4:01PM
Sorry TA but me thinks this is funny :0)
To: pat mudge who wrote (4332) From: Tunica Albuginea Wednesday, Jan 12, 2000 1:09 AM ET Reply # of 4740
Pat, let me tell you a sad story: In 1996 when I was getting into NN I heard of a hot company called Uniphase that felt that fiberoptics was the future. Interesting. Made sense.( speed of light etc etc ). I bought some at $33 US. Held it for about 1 - 2 months, I don't remember. What I do remember though was that it wasn't moving sort of like watching the grass grow. When it hit 37 I decided to take my profits.........
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