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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: LastShadow who wrote (3473)10/22/1997 8:15:00 PM
From: UC Slug  Read Replies (2) of 120523
 
Hi Last,

I wanted to ask you for a little advice. I enjoy buying stocks that were recent IPO's. (usually the stock has been on the market anywhere from 3-9 months) When looking at the chart it is rather difficult, if not impossible, to determine trends and patterns. Therefore, I base my invest upon current earnings, furture earnings, EPS, and the balance sheet. My question to you is: Are there any ways of using a chart if stock has only traded for a short time, such as 3-9 months?

I would like to say Thank You for all the advice and help you have given to me. It is really appreciated.

The IPO that I like is AXIM. I currently own the stock and think that it is quite undervalued. Of course nobody else seems to. :)

I am curious about something else. If this is to personal I apoligize. Over your 22 years as an investor what kind of yearly returns have you made. Did you make 50%, 100%, 1000% on your initial money per year. I have asked many people this question and I always receive a vague response. Nothing specific, just ballpark fiqures would be great.

Take Care,

Jim
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