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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: im a survivor who wrote (7272)10/11/2000 12:59:32 PM
From: Percival 917  Read Replies (1) of 65232
 
Hi again Keith,

Re...I figured " look how easy it's been " and I got greedy like I think many did

You and me both. Looking back it is always easy to see how greedy we were. The dumbest thing I did and I thinks others did too, was not getting out of QCOM, for example, after it had it's 156 point day. If we had been thinking rationally, we would have all bailed. This 156 point rise was after how many days where it went up 30+ points. We all got greedy.

But until better technologies come along that will beat QCOM, JDSU, NTAP, EXTR, SEBL, ITWO, CIEN and a few others, I am still comfortable holding them. Go back and chart CSCO and a few others and look at their volatility. You know damn well if you could go back and invest 10K in CSCO when it came public and you had to go through all the ups and downs it went through, you'd do it in a heart beat. I think we have several companies here that could easily have CSCO like numbers over the next several years, of course barring anymore FED rate increases or worse. But again WTHDIK!!!

Later,
Joel
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