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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (52577)8/24/2004 12:38:11 PM
From: brian h   of 74559
 
""If I can keep winning at 50-80% rate, plus dividends, and keep losing at 14%, I will do fine, mathematically speaking :0)

I any case, sure beats QCOM""

Hmmm. I bought a boat load of QCOM at 30 and 40 something (before split) between May 2002 and May 2003. Every share I owned from then has had more than 80% + return so far. I need to triple check my math again to see you are right or I am right. ;-) I know it is not final until I sell (not ready yet).

I though you had purchased some at 29 before split. That will give you 150% return to date. Sure beat youself for missing that return. :-)

Well. I was bored so I continued to buy QCOM calls to avoid checking my math. Amazingly those calls come back at even better returns than buying shares. Yeah. Yeah. I need to prove it to you. But I will not. (gg)

Sure beat reading those garbage financial presses and predicting financial collapse. :-)

My latest adventure was OVTI. Again a Taiwan related company. We will see a real result this afternoon. My call LEAP at 15 expiring Jan 2006 return is 85% so far in less than 2 weeks. Tomorrow I will either get 0% or 300%. We will see. (I am a nobody clause included.)

BH
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