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Strategies & Market Trends : Don't Drink the Kool-Aid Kids

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To: Stoctrash who wrote (207)3/29/2001 5:03:39 PM
From: im a survivor  Read Replies (1) of 1063
 
Fred,

how bout some ideas.....I need to buy something for my ira...preferably a beaten down, but quality tech issue....any ideas? I have lots on my wish list but am limited to just how much I can spend...I aint gonna be an idiot and use margin at this point...but got a few bucks...want to put it into something I can tuck away and forget about for a few years, or maybe trade it since it's in my ira.

My criteria is it must be cheap in price <ggg>.....have a low PE and good growth, and good future potential. Oh yea, it must already have been taken out back and beaten....even if it gets beaten more, I want to try and find something that just can't get beat up too much more...I want more sunw, but can't honestly say whether it is going to $5 or not...same with jdsu.....since I already have those, forget about em and let em sit.....I want some orcl....but sheez, even at $14 her market cap is waaaaay up there...I want something that has room to grow.....some of these tech stocks may be cheap in price, but because of the zillion splits, they can be $12 and still be $50billion dollars....I've got lots of idea's.....but am curious as to what you might recommend...or anybody else that wants to lend an opinion....I aint gonna run out and buy anything cause anybody tells me too, but would like to hear some opinions.....also, what do you figure as a realistic bottom on naz.....do you really feel we have the potential for a long bear and 500 on naz.....or do you think we'll bottom higher then that......I dont think 1800 is the bottom by any means......and if we break 1500......, dont even want to think about that......I will say this...if naz hits 1000 it will in equal parts bankrupt millions and start millions on their way to becoming millionaires. If your way long, and we get hit that hard, recovery will be tough...if your in cash and can act on naz 1000, I think in ten years you'll be a happy camper.......anyway, thanks in advance for your opinion......you know, I have been seriously considering selling my Bird and putting it SLOWLY into the market.....I either turn it into a volkswagon or a porsche 911 twin turbo.....thats one of the few cars that actually humbled my in my bird...made me feel like I was driving a volkswagon<ggg>....and remember, this bird will chew the paint off a viper and then some.........know anyone interested in a viper eating bird?

Thanks....later

keith
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