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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (16580)	12/11/1999 8:54:00 AM
From: Steve168	Read Replies (1) \| Respond to of 57584

Randy, congrats you for the great call selling CORL, I did the same thing, sold most of my CORL Thursday. My reason is LNUX IPO brought the Linux enthusiasm/Greed to the peak, that was the most exciting moment for a lot of people. I just use that moment to sell. I don't know how high it will be, but the most exciting moment should be the peak time of the stock price. I still hold some CORL got at $8, I am making too much short term gains and any extra dollar I make I will have to pay 40% tax on it. If I sell CORL at 40, then it pull back to 8+(40-8)*60% = $27, I did not make money by selling it than just holding it. Also I do believe CORL is the best Linux play for the next 3 years, I think it will be much higher in 3 years. I am holding my $8 shares for long term capital gain. Hope I am right. Look at all high-tech sectors, I found Disk Drive sector is probably the most beaten down one. I have accumulated substantial amount of KMAG and HMTT in the past three months. I sold only a little KMAG last week. The thing I don't understand is why KMAG doubled on heavy volume 2 days and there is still no news. I was expecting news out of this. Maybe is just what Spirit heard that DD's shortage is coming next year. I think semis are already up too much, it is out of my buy list now. DDs is the time to buy now. Like HMTT.

To: Rande Is who wrote (16580)	12/11/1999 9:06:00 AM
From: Steve168	Read Replies (1) \| Respond to of 57584

Randy, when would you short sell PERL? I know it have a small float problem for shorters, it is easily to get run over by squize, but that is why it is still high and you can get a good price shorting it. Thanks

To: Rande Is who wrote (16580)	12/11/1999 3:27:00 PM
From: DlphcOracl	Read Replies (2) \| Respond to of 57584

Wanna buy shares in a red-hot IPO?? LNUX? FMKT? Not me!! I won't touch a moon-shot IPO during the first week it's traded. The winning play is to wait for them to settle down or, better yet, hope that one of them tanks due to lack of news or interest. Which brings me to the following recommendation: Aether Systems (AETH) AETH debuted on 10/21 at $16 per share, reached as high as $56 and settled at $48 7/16 (203% gain). In the next few weeks, it rapidly climbed to $89 3/8 per share. Since then, it has sold off on thin volume on no adverse news. On Friday, it briefly dipped below $57 and then closed at $59 3/4. I think this is a "fallen angel" that has been lost in the IPO deluge. DD: AETH is a leading provider of services and solutions to the financial services industry, permitting stock trading and transmission of market and financial information over hand-held devices (wireless). Their technology is used by Reuters MarketClip Service and Trade Runner, a real-time wireless trading and financial information service offered to Morgan Stanley Discover Brokerage customers. Other clients include: Charles Schwab, NDB, Merrill Lynch, and Bear Stearns. AETH is also a principal owner (along with 3Com) of OmniSky Corp., maker of the Palm Pilot. AETH plans to bundle its stock trading and financial information services with Omni Sky Web and e-mail services. It also recently announced a strategic alliance with Ericsson. AETH was the most recent addition to the portfolio of The Bull Market Report Wireless Investor portfolio and is one of Kevin Landis' principal holdings (3.3%) in his new FirstHand Communications Fund. Kevin Landis is (IMO) the premier technology stockpicker in the mutual funds universe; his three funds are all up well over 100%YTD and his oldest fund (FirstHand Technology Value Fund) has AVERAGED 50% per year return over a 5-yr. period. As I stated in my last recommendation (PVSW at $12 on 11/19), this is a "no-brainer". If you don't think stock-trading and transmission of financial information and data over hand-held devices is going to be hot, you and I are living on different planets. AETH has first-mover advantage and provides a product which is both device and technology indifferent. As always, please do your own dd. I think its dip below $57 may have been a bottom ( perhaps Kevin Shea or one of the technically-inclined readers can ponder the technical tea-leaves). You may want to buy using a limit order $2-3 above its Friday closing price of $59 3/4 to avoid "catching the falling knife". I can't believe this will not be near or over $100 by the end of year 2000 1Q. Bon appetit.

To: Rande Is who wrote (16580)	12/11/1999 4:54:00 PM
From: American Spirit	Respond to of 57584

Thanks Rande, yes position trading does require patience. And some days I feel very impatient. Got to fight that and remember why you're in the stock to begin with. Selling ORCL, WIND and BEBE too soon should have taught me. On the other hand you never know. -- But when you have a strong belief in a stock like I had with UIS at 22, ANF at 21, COMS at 21 (or 28 later), IBM at 91, APLX at 10, DCTI at 4 1/2, etc. then you've got to hang in there and double-down on sharp dips instead of selling at a loss. XRX was depressing to end the week that way. It had been running up earlier in the day. I bought at 24. But if it sells off Monday I will double up again because this kind of company at a PE of 7-8 is a no-brainer longer term. Once 1999 and tax-selling is over the dogs ought to regain value. Therefore I'm sure to wipe out that loss if I hold. Look at TYC, for example. AT 24 it was a great buy. A one day profit of 20% on the bounce. It's all about timing.