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Pastimes : Tis the Season . . . Gifts

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To: doby who wrote (1726)4/4/2000 1:27:00 AM
From: MSB  Read Replies (2) of 1770
 
Is it my imagination or did the box to type out one's message get bigger?

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Truly, I had no idea. I thought all fish ate whenever they could find food. That is why I thought it was kind of funny.

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Well, I'm hoping it will be a good time to test the waters to buy because I did. I bought RFMD at the close. I sold KEM as soon as I heard what it had dropped to. Now there is a stock I just don't get (KEM). They come out ahead of the earning's release by about 5 or 6 weeks and say they're going to beat the consensus by 40-45% upon the official earning's release. So the stock (not really a lot of volatility) trades in a range from 70 to around 78 since the release. I figure if it just stays close to my buy-in point, it will probably get a pop just before the official release. Add to that KEM is an NYSE listed stock, AND the Dow is rallying. So what happens, the S-O-B drops down to 59 1/2!!!

I said "F that" and dumped it on the spot. No rhyme or reason for the drop imo except perhaps that it had a P/E of about 80+. Shit, analysts are looking for 3.01 a share earning for 2001 on a stock selling for (then) 70+!!

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BTW, the correlation between the Semi's earning's outlook link and MU didn't get by me either.

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Geez, with government deciding what you get paid, I'd say you're between a rock and a hard place.

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Did you notice MGI gotten taken down a few notches last week? Had I been on the ball, I would have used it to "dip my toe" at that price. Came back though.

Bed time.

Hope tomorrow is a good one for ya,

Mike

Did you turn loose of NHC?
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