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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (512)	2/19/1998 4:14:00 PM
From: jgideon	Read Replies (2) of 118717

Yes, SYNT did very well today. The age old problem with these type of stocks is when to sell? If you don't have a fundamental reason for the buy, how can you get a price target based on anything other than intuition? I wish you great luck in this - I'll hang on the sidelines. I'm currently in RAIN (not tech, restaurant), which was a story stock last year and got a PE that was too high. I sold when the PE crossed 50, and avoided a 40% crash last month. It should come back into favor slowly this year and hit 20 by year's end. I got in at 12 and it's about 14 1/2 today. Also see the Dueling Fools on the Motley Fool site for both sides of the argument. As for tech value, still like CREAF up to 30. Not shorting AWRE anymore, though it still could drop another point. COMS is a safer, lower potential long holding. jg

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