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Pastimes : Home on the range where the buffalo roam
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To: Sig who wrote (13016)5/19/2004 2:48:43 PM
From: John Koligman  Read Replies (2) of 13815
 
Sig,

Dell is exhibit one. Kemble keeps hyping it's great growth, but who cares if the stock was 20 points higher five years ago. The stock was a nice trader for the past few years as it cycled between the low and high twenties multiple times, but as a 'blue chip tech' how much of a LTBH has it been?

Best regards,
John

PS - My MO is day trade and take longer term positions in quality tech when it gets smashed. It's about the only thing that seems to work okay. It's the reason I mentioned Nokia recently and how it would be nice to get some around 10 or 11 for a good percentage longer term trade. Kind of like buying Time Warner in the single digits and dumping in the mid teens.
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