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Technology Stocks : NANO

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To: EACarl who wrote (2255)1/13/2004 1:48:25 PM
From: geoffrey Wren  Read Replies (1) of 2272
 
Eric:

The Nano board does have the irrational exuberance feel from stocks in the 1999-2000 period. I remember then having a stock that went from 3 to 50 in two days. Luckily I sold at 40. It ultimately went out of business. I don't think NANO will go out of business, but does seem richly priced.

Have you got any buys on any stock now? Hard to find a good stock at these price levels.

My last purchase was of WEDX, first purchase of this stock. Cannot value by typical parameters, as it is a "story" stock. But it's got two decent stories, and has potential. I've been in KVHI for quite a while. It ran up to 33 or so, now down to 19. I sold a fair amount on the way up, but am watching it carefully now. Might be a buy now, and if it drops to 15, I'd likely buy more.

Lately I've been buying dividend paying stocks like MRK and BAX and BAC.

Happy investing to all.

Geoff
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