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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: timers who wrote (17961)3/7/1999 7:44:00 PM
From: Nazbuster  Read Replies (1) of 122087
 
GNSS - you may have found one in GNSS

You might say it found me! I was watching TV on a Sunday while indulging my PC/Internet addiction and there was a show which highlights businesses with excellent business models and execution. Genesis was on. I was struck by both the company and the potential for the industry group: HDTV. I didn't even know about the flat-panel aspect.

I thought it would be a perfect long (very long) term hold for an emerging industry which was mandated by the federal government, so I put in a buy order for Monday. I managed to buy in the 8's and it ran to 10 because of the show. My, how smart I was! <GGG> When it went to 12 I sold, bought again in a few weeks, etc., etc.. This puppy likes to give heart attacks: 35 to 24 7/8 recently! No guts, didn't buy more. I already had 4000 shares.

On this last swing, I sold 1/2 at 34+ and bought again at 30 5/8 (too soon). It went down below but is now above again. I'll always keep my 2000 share base.

P.S. You can go to the site and order the video. I think it's free.
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