Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Lane Hall-Witt who wrote (119543)	12/19/2000 12:56:06 PM
From: Dave Gore	Read Replies (1) of 120523

Lane, with all due respect (and you know I love your analysis) you seem to be kicking yourself a lot lately (LOL!). I am too at times. Re: the storage stocks, there was a Wit Soundview/Gartner storage conference that started at noon today which usually brings in buying, so a good calculated risk. Ditto, the move of EXDS, FLEX and others into the NAZ 100 which made buying them Friday a good risk when they ran up 8 points or so off lows. While I am also risk averse, I think taking some calculated risks is necessary, particularly when the Market seems to be gaining a little momentum as it did earlier today. Tight stops can protect you, too, as you know. You seem to know stocks and trading well and sometimes you can wait too long for the perfect opp that never comes. Just my 2 cents. PS- I keep buying ELNT on uncalled for dips and if the Market looks strong at the time and especially if gaining momentum you can do pretty well with minimal risk.

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