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Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%4:00 PM EST

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To: Sun Tzu who wrote (8969)3/13/2003 10:24:14 AM
From: Kirk ©  Read Replies (1) of 95611
 
No screens... but I might start to do them to look for more plays like this near the end of the year when I want to take advantage of small investor tax loss selling in stocks the institutions have abandoned.

I just follow CACS since someone I know bought their home from the CEO when they moved to Colorado. The house was well wired for broadband and I've always been impressed with how they handle their balance sheet. When the meltdown started, it kept an eye on CACS for a possible bottom.

I thought they bottomed at twice book value so I bought some shares, but they crashed when their customers went bankrupt and the shares were as low as 38¢ while they had a buck or more in cash and a BV of $3. I've been accumulating CACS with the lowest shares bought at 39¢ where I doubled my personal holdings. I then bought more just recently as they seemed to be technically strong and I wanted to exchange some penny stock shares I made 10x on (BOWG.OB) in for some "less risky" small stock shares.

I think it is less risk to go for micro caps with a tiny part of your portfolio rather than buy options which expire. FWIW.

Kirk
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