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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: samim anbarcioglu who wrote (117741)5/1/2002 2:32:16 PM
From: David E. Taylor  Read Replies (1) of 152472
 
samim:

Very OT, but good for a smile...

Zeal.com is just one guy, Adam Hamilton:

zealllc.com

His resume includes this gem:

...Adam Hamilton, CPA, champion of justice, defender of freedom, all-around good guy, Information Age entrepreneur...

But:

...he is not and does not profess to be a certified financial planner or advisor...

Nonetheless:

...You have read Mr. Hamilton's essays and intelligence briefings, now you can personally tap his brilliant mind, tactical and strategic analytical skills, persuasive oratory, and sharp wit. All projects will be considered, from freelance writing on virtually any topic to on-site financial consulting anywhere on the planet. There's no jungle too remote, no operation too covert, no problem too complex... bring the considerable intellectual firepower of Mr. Hamilton to bear on your project to help accomplish your mission....

...Time is valuable. As the demands on Mr. Hamilton's time are intense, his consulting rates are not cheap. There is only one Adam Hamilton and his talents are highly sought-after worldwide....

So he'll help you out with your personal portfolio for the miserly sum of $200/hour at his home (low overhead, ND), or $300/hour plus expenses at your location. If he'd followed his own advice, he sure wouldn't need to do consulting work for anyone, anywhere, in fact he wouldn't even be bothering with his web site.

And darn, he charges as much as I do for helping save major corporations from a litigation fate worse than death...<g>

His very first (as far as I can tell) article was on 5/5/00, and was about gold stocks, which, as some of our thread compatriots are quick to point out, haven't done too bad recently. But here's one gem from his essay, about DROOY, when gold was around $275/oz:

zealllc.com

... The legendary Frank Veneroso, through an extensive study of global gold supply and demand, has stated that he believes $600 is the true market clearing price of gold without any political or financial manipulation. Is a $600 gold scenario improbable?

...Our own patriarch, Dr. Vronsky, has stated that he believes there is a high probability gold will trade at $1500 per ounce in the next 24 months. This analysis is from years of intense study and from the man who built this wonderful virtual mead hall for our merry band of gold marauders. Who am I to argue with the esteemed Dr. Vronsky?

....Where would another 8x increase in gold put the magical yellow metal? At $2,500 per ounce! Is this an improbable scenario?

If our prayers our answered and $2,500 gold is reached, an investment of DROOY at $1.25 could yield returns of 17,000% to 133,000%. That might even be impressive enough to cause your NASDAQ neighbors to wake up and take notice!


Now if you'd bought DROOY on 5/5/00, you'd have had to sweat through a 50% haircut by the end of that year, and you wouldn't have gotten your head above water until January 2002. It is now above $4, so if you'd had the fortitude, you'd be smiling - and maybe selling - by now.

But gold at $2500/oz? You have to smile at some things.

David T.

P.S. I'll add that if Mr. Hamilton really penned his pieces contemporaneously with the dates attached to them (and I have no way of knowing if he did or if he wrote them all after the fact, which any of us could have done), he was as prescient as anyone in predicting subsequent Nasdaq events. But since he's still touting his consulting services, selling subscriptions to his wisdom, and penning his essays, I'll confess to a healthy skepticism,
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