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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Lynn who wrote (8722)	1/13/2000 10:35:00 PM
From: fuzzymath	Respond to of 17183

EMC is NOT going to more than double every two years indefinitely! That's impossible. But, you are right, I've missed a lot by not investing in individual stocks. Unfortunately, I've had no choice, since the only money I had for investing was in a Fidelity retirement fund. So, I was stuck with mutual funds. Hence, my derivation of models that could get me a much better return than I could get by just buying and holding a fund. I used to invest in utilities -- I had a wonderful (again, short-term) trading method where I ranked the relative values of conservative electric companies and bought the low ones and sold short the high ones. It was after the '87 crash, in a very volatile market. I wanted (as usual for me) something where there was very little chance of losing money. It worked great -- I made 35% (low for you people, I know) trading stocks that gained only 8% in a year. The point was -- it was fun. What I do now is much more boring, alas! But, at least my resume's getting better and better (web site development, quantitative financial modeling). Some day I may even land a really high paying job. Some day ... Kevin