Howdy Clint, good to hear you're doing well. I followed a few of Gilder's picks - TERN was a rather stupendous one. He mentioned it twice in some detail, the first time the stock shot up and came down after a few weeks. The second time I know of, in Feb 2000, the stock shot up monstrously, from about 25 to about 140 (postsplit). The duration of the bubble was actually a 3 month classic and formed a Bell curve almost exactly, just like ANCR, WSTL, SHVA in the olden days, then imploding to about 35 from 140. Some wag on Briefing.com said that CMTO should be given equal treatment and that baby shot up, only to implode in a hurry. Gilder is riding the fibre/broadband wave with various idiosyncratic, visionary and ill-explained cultic twists thrown in, but he's defnitely worth playing for a quick buck, though I think his technology is suspect.
Hope you had a whale of summer! I bot EMLX Friday at 50 after shorting in the morning and covering at 88, so this vacation has been the most profitable to date.
How's the work?
DPPL - Thomas |
