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Technology Stocks : Datastream Systems, Inc. (Nasdaq: DSTM) -- Ignore unavailable to you. Want to Upgrade?


To: Wright Sullivan who wrote (686)1/4/2000 12:29:00 AM
From: Adelantado  Read Replies (1) | Respond to of 721
 
Sharp 7% drop in price to open the year, but the vol is really low. Seems that a few of us decided that it was time to take a vacation on a cuise ship then watch the price rise another 30 to 50% more during the next few weeks.

Joe



To: Wright Sullivan who wrote (686)1/8/2000 2:33:00 PM
From: Shane M  Read Replies (2) | Respond to of 721
 
Wright, sorry for being so slow to respond - I've been away from SI for a while.

I'll have to read through the Yahoo board to get up to speed.

I'm actually having a tough time finding much tech to buy at today's prices. I've had several buy orders in on Central Parking CPC (non-tech), but can't seem to get the price I want on it. Somewhat interested in COMS and spinoff of the Palm Pilot. Havent' pursued that alot yet though. It should happen this year if they get the IRS approvals. The last tech I bought was Dycom DY, a telecom/bandwidth infrastructure builder, and it's still around where I bought it several months ago.

Primarily I'm holding everything I've got. The past week or two were tough on my portfolio, but I guess that's true for everybody with alot of the techs. I'm actually thinking of hedging a little bit with some put options. I never believed some of the stocks I had could move so far so fast. (ITWO, CKFR, and SEBL in particular - I actually expected DSTM to get to 20 so I'm happy with this)

Here's a pretty good article from Michael Burke on IFC. For the short side of things, I like his outlook:

siliconinvestor.com

I'm a novice with options (I've purchased a grand total of 1 put in my life), but its a great way to hedge - at least in concept (my first put expired worthless this summer <g>)

Shane