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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (50118)	4/4/2001 8:16:08 PM
From: rocklobster	Read Replies (1) of 57584

I have no doubt that many of these stocks will double by next year..but from what level I bought some VYTL at $3 a while ago about a month.. thinking it was cheap. a great bargain it closed at .50 today . and thats a company with a half billion dollars in cash... only 50 million shares outstanding.. so they have a market cap of 25 million with a half billion in cash.. It will have to go up 600% just to get back to my purchase price of $3 ..luckily its only 1000 shares and its one of only two stocks I'm holding.. the other is NBR in my IRA...its done well..gone up 400% in the last year. but I'm not a buyer of telecom here nor equipment ..read the ravi suria article... csco will be single digits soon and you can bet money on that rok

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