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Strategies & Market Trends : Rande Is . . . HOME

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To: Trumptown who wrote (35681)9/21/2000 12:45:43 PM
From: Rande Is  Read Replies (4) of 57584
 
Sting, no problem! Too many posts here to keep up with. LBRT has been a great trade for us. And tonight they report their earnings. . . which CEO sounded VERY positive about in his CNBC interview today. So this story is far from over.

The significant factor here is that LBRT is rapidly becoming the operating system standard for set-top boxes. That is a MAJOR statement, considering that at some point in the future, homes will have many more set-top boxes than computers. And considering what MS-DOS and Windows did for MSFT, we are talking about a big potential for LBRT.

LBRT is being used in the pilot rollout by A.T. & T. and by UPCOY in Europe. MSFT Windows CE platform is still not ready for use in set-top boxes. . . .and until it is, LBRT will continue picking up market share and moving toward becoming the "industry standard" in this potentially massive market.

So while I sold the strength this morning, I already bought back the weakness this afternoon. Right at this moment you can buy LBRT at $30 even. Short-sellers still driving LBRT down. . .with 10K shorts. If we see it hit $28 11/16 near-term support, I'll add.

EDIT: For whatever reason, short-sellers are working in our favor for a change these days. When I mention a stock now, instead of it moving quickly northward. . . leaving me to pay a buck more after posting. . . now when I make my post, then go back to buy. . . the price has moved lower. Now THAT is pretty cool. If we can get them to do this EVERY time I post a stock, we'll all come out like banditos.

Rande Is
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