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Technology Stocks : Nokia (NOK)
NOK 6.180+0.3%Dec 9 3:59 PM EST
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To: Ruffian who wrote (7988)11/2/2000 7:15:25 PM
From: Puck  Read Replies (1) of 34857
 
It fell to $27 for all the wrong reasons though, and that was a stupendous buying opportunity I was very happy to exploit. Relative to the shares I purchased at that price, I now have a 62% return in the space of just two weeks. Never in my wildest dreams would I imagine such a return could be had in Nokia's stock in such a compressed period of time. I wish to thank all those institutions (Janus, Fidelity?) with impatient, trigger happy money managers who didn't want to stick around until Nokia's new product indroductions were past or who joined the hysteria du jour that wireless had become a bad, unprofitable industry for the collapse of Nokia's stock price last month which provided me with such an extraordinary opportunity. Ruff, I hope you joined me in crime that day as well. What an irony that those both short and long the stock during that tumultuous time could both win and win big.
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