SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (9486)12/7/1999 10:50:00 AM
From: JZGalt  Read Replies (1) | Respond to of 18928
 
Tom,

With this anything goes tech market is it very difficult to provide any rational explaination for the move in JBL other than all the other companies are also being bid up as more and more money flows to technology. My cost on JBL is $16.53 as of 3/18/98 and that wasn't the best price I could have purchased it at given the summer 1998 debacle. Glad you added in the high $40's but I thought that was a bit on the high side for my taste and I sold 1/2 my position in that area. (Of course I bought AMKR at $9 so I'm not crying in my beer).

All I can say is this market is scary. I honestly thought I had settled my transactions except for some minor window dressing in December, but this surge left me flatfooted (although 100+% invested) in its magnitude.

Net worth keeps getting better and better on my part also. Last count was 82% YTD after taxes. Of course this gain could get cut in half at any time IMO.

----
Dave



To: OldAIMGuy who wrote (9486)12/7/1999 11:16:00 AM
From: JZGalt  Read Replies (2) | Respond to of 18928
 
Tom,

Actually I'm more excited about the move in GNSS over the past two days. It never ceases to amaze me that an analyst can go on CNBC, plug the stock as a best idea, and have it move like this when the selling dries up. Nice $18 to almost $24 move in past two days.

Best of all, you AIM'ers that I managed to convince to look at this have had plenty of chances to add after initial purchase and now reap the rewards. I'm still sitting with a nice fat position waiting for the really greedy to show up. <grin>

----
Dave