To: DOUG H who wrote (59525 ) 1/4/2000 9:20:00 PM From: Ruffian Read Replies (1) | Respond to of 152472
1/04/00 - IBC: IBC Plus Market Edge newsletter 2000 model portfolio JAN 4, 2000, M2 Communications - Irvine, CA -- (http://www.ibchannel.com/ibclplus) IBC is pleased to announce an overview of the most recent Market Edge newsletter: Volume III - Issue No. 1 Back in October of 1998, over 91 percent of the economists (mostly Harvard graduates) predicted that 1999 was going to be one of the toughest years of the decade economically for the U.S. They unanimously predicted that Japan and Asia were going to be ruined so bad economically that it would take at least 5 years for them to get back to were they were in 98. Lets just say that they were as wrong as the guy in Escondido, California who spent $20,000 in a power generator, and dug a well for water in his back yard at a cost of $10,000, in anticipation of Y2K doom, and gloom! Market Edge's 1999 Recommended Portfolio Results With few days left in 1998, I recommended four stocks, and predicted that all four will split in the coming year (1999.) The following is the result as of the Friday December 31st close. All four stocks split 2 for 1 in 1999. Dell Computer + 59.69% Microsoft + 91.21% Cisco + 181.21% Nokia + 277.07% Market Edge's 2000 Recommended Portfolio. This year I have decided to also add a recommended LEAPS portfolio. Nokia (NOK) Veritas Software (VRTS) JDS Uniphase (JDSU) Sun Microsystems (SUNW) Note: please be aware that the recommended portfolio above is designed to represent a somewhat moderate risk level. It is more aggressive than for example picking Cisco (CSCO), Merck (MRK), City Group (C), and Intel (INTC). However it is not as aggressive as lets say, the combination of Exodus (EXDS), Foundry Networks (FDRY), Ariba (ARBA), and Juniper Networks (JNPR). The following are my LEAPS Portfolio recommendation for the year 2000: Nokia Jan 2002, 190 Calls Sun Micro Jan 2002, 77 1/2 Calls Qualcomm Jan 2002, 200 Calls Dell Jan 2002, 45 Calls While San Diego's Qualcomm was the headline maker in 1999, the city's best stock performer was e.Digital Corp. (EDIG) which had an astonishing return of 4,446.9%. The company designs products for electronic devices using portable storage media like flash memory and microdrives. EDIG has the patent on MicroOS file management system. The stock which closed at 6.2 cents on January 4,1999, closed at $2.91 last Friday. Qualcomm (QCOM) came in second with a gain of 2,619.4% for the year. The stock closed at $176.12 on Friday after its 4 for 1 split. The number three honor went to Amylin Pharmaceuticals (AMLN) which closed at $8.34 on Friday. The stock gained 1,568.8% for the year. The top five were wrapped up by Leap Wireless (LWIN), 982.76%, and Titan Corp (TTN) 760.23% gain. Our former stock of the week, Applied Micro Circuits (AMCC) came in at 649.22% gain and grabbed the number 7 spot among the local San Diego companies. What is next in Wireless Communications - 3G (Third Generation) The companies and organizations which are involved with wireless communications are aggressively in pursuit of hammering down the standards, technologies and tools necessary to introduce advanced telecommunications capabilities to customers on a global bases. The initiative which is referred to as 3G (third generation), promises to finally integrate data and voice communications in ways that will change the way we think about telephones and the Internet. For the full Market Edge report and to read the rest of this issue and view all the charts, please go to ibchannel.com ((M2 Communications Ltd disclaims all liability for information m2.com)). -0-