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Pastimes : Home on the range where the buffalo roam
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To: Sig who wrote (13329)9/5/2004 7:19:44 PM
From: John Koligman   of 13815
 
Well Sig, I was hoping to pick up Nokia under 10 but it's been acting very well in a down market so I bought at 11.24 per my post on the NOK thread a short while ago. Don't know about the very long term, but I go by my gut and with more cash than Intel, great cash flow, and still the market leader, any good news gets you a very nice gain in the stock. It is already up a bit, and the market doesn't often allow one to buy that kind of quality really cheap. I recall chirping about Time Warner when it dipped below ten briefly due to that albatross called AOL around it's neck, and it turned out to be a good trade. I think NOK will be a similar story.

Regards,
John

PS - As I have said too many times <ggg>, I do have my eye (patiently) on another Intel trade, just not yet... Perhaps as with Nokia, their first warning started the slide down from 24, and there were several more warnings that followed. I'd like to see a better tape with Intel before making a buy in it...
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