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Pastimes : Home on the range where the buffalo roam
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To: John Koligman who wrote (13327)9/3/2004 12:18:12 AM
From: Sig   of 13815
 
Re Intel:

Bad show, eh?
Reminds me of the day Intel dropped $20 a share and took Dell along with it- down from 109 to 99 and then Dell recovered in the same day.


There were about 200 posts on the Dell thread when I began reading it and now 171,000.
That gives a clue where to look for the next 50,000%
winner and its no longer in a Dell or Intel.
It will be a lesser known company.

We know that technology and biotech are on a roll, and will have awesome growth. But the amount of BS spread by entrepreneurs is also awesome and creates much risk.

Its only on a rare day I can see clearly a good momentum investment, and those days become rarer each year.
And I also consider it generally unsafe to leave money in equities for a long period, and am only holding two for long term appreciation.

To put it another way, I know that the stocks I monitor
today are not the huge winners that we found in the good days, so will have to look elsewhere.
It may take time to find one, as I am not working seriously at it today.

I'm a bit reluctant to post opinions on the thread and perhaps cause someone suffer a loss. With the market going down it is practically guaranteed that any selection will get hammered.

Luckily most posters here know it (g)

Sig
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