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

To: Rande Is who wrote (23441)	4/5/2000 8:35:00 PM
From: Paullie	Read Replies (3) \| Respond to of 57584

Rande, No doubt you were right about the timing. I promised myself that this year, I would not overtrade and maintain my positions in solid companies until fundamentals changed about the company itself. Essentially, I am trying the old buy and hold method. Now the NASDAQ drop caused much pain and I see that I should have sold. But in the long run, should I have? I still own companies with solid fundamentals in solid industries: adap, aol, brcm, ibm, jdsu, lptha, mot, nok, sfa, vtss. So my questions to you (and anyone) are: 1) Do you think the buy and hold method is a losing (or less of a winning) strategy for today's market? 2) So what does the tech investor like myself do at this point - not two weeks ago, but right now? 3) I was under the impression that you kept a little more in your core holdings (more stocks that is) than I think you do. A couple of weeks ago, when you said you sold out of all techs but a few (lptha and a few others) did you mean that you sold your entire position? 4) Summer Portfolio ideas - are you sticking with the one you made earlier? Lots of questions, I know, but I am sure many others here are wondering the same thing. Thanks Rande for all the assistance you give on this thread! Paullie By the way, last week I promised a report on TDY - well, when the stuff hit the fan beginning last WED/THUR, I got out of tdy - glad I did, around 16 now. It still has potential as a value play (but was touted as a growth play and cnbc pumped it and traders dumped it the next day - incredibly crazy) Anyway, never did put that report together. Instead, I have been reading that Optical Future article over and over again. I am trying to learn about some potential future high fliers in the optical arena- no complete assessments yet.

To: Rande Is who wrote (23441)	4/6/2000 12:13:00 AM
From: Joe Smith	Respond to of 57584

Thanks. That helps a lot. Perfect answer to my question. I really have not had a good set of rules to live by. So I am less sure than I should be as to what my goals are with any given buy. I will digest this and build my own rule set that is as clear as this excellent response. For the most part, it looks like I can just swallow it whole, with one consideration which is that I am not as nimble as you are. Thanks again Rande, this helps me to understand you even better than I already do.

To: Rande Is who wrote (23441)	4/6/2000 11:40:00 AM
From: Shroom37	Respond to of 57584

OT Rande, you mentioned...", re-vamp your brokerage, trade station, computers, etc". This is what I'm in the process of doing and I've been looking into getting a new sys. and here is some of what I've found. theagroup.net Nice sys. but at $4-5000 a bit expensive. I found this one that runs 3 monitors from: JetStreamCompute@aol.com Athlon K7 700 processor Biostar M7MKA 200 MHz motherboard and fan Inwin 300 watt power supply case (mid) 128 megs SDRAM Voodoo 3 3000 AGP video card with 16 megs memory and TV out Creative Live 128 OEM sound card 56k modem 52X CD ROM 1.44 meg floppy drive Super Speaker System 10.2 Gig hard drive Cordless keyboard and mouse set made for Logitech 2 s3 virge video cards for running 2 additional monitors This is a kickass system. It might be more than you wanted in some aspects. We can always substitute any component you want. I can sell this for $1260.00 plus $40.00 shipping. The man's name at JetStream is Brent, and seems nice and is real helpful, can't say that about a lot of places I've been in touch with the last couple of months. I haven't gotten anything as yet, but I'm leaning in this direction. If anyone has any thoughts on the subject I'd like to here them. And if anyone has any ?'s please ask and I'll try to help. If you'd like to get any prices on comp parts and such here is a good site: pricewatch.com By the way Matrox makes a video card to run 4 monitors but is costs $6-700. If your running Win 98 you can put in another Video card and it will support running two monitors, but my comps. are not all that great to begin with so I'm looking for a whole new sys. and will pass mine along to the kids. Shroom PS Sorry to post this during trading hrs. but I've got meeting the rest of the day, good trading to all.

To: Rande Is who wrote (23441)	4/13/2000 12:08:00 AM
From: American Spirit	Read Replies (1) \| Respond to of 57584

UIS earnings tomorrow. Watch the story there, if any. IBM, CPQ, LU have become value plays. Alta Vista IPO moved to the 17th. CMGI should pop even though it was a high-flier. At $70 a no-brainer. LMT filed to sell its 25% of LOR and this might invite in a big fish takeover play. Possibly MSFT if Bill doesn't have enough to focus on. MSFT also nearing value play status. Below $80 can't lose for long. PSFT another I like which rhymes with MSFT. ALmost bought both much higher and glad I didn't. Down here they are nearing steal status. COMS nearing steal status too. Wish I could load up on these stocks. Instead, I have to sell a little into this weakness to pay some bills, then wait until my July big check to play this market much anymore. All because of a few costly timing mistakes. In this volatile market sometimes a few days makes all the difference. My triumphs in timing were smaller than my disasters. That sums it up. Due to mistakes of no more than one week have given back $75,000 of the $110,000 I made Oct - Jan. Depressing, huh? Well at least I didn't buy and hold the high-fliers. Could have been worse. So I won't be much of a player for awhile. But I'll be baaack. A little wiser. Should have listened to Rande more and stuck to my guns more. Bebe and Anf were the ones which killed me. They took away my extra cash which I needed for leverage and to double down on crash days. Just got back from the Caribbean. No internet where I was. Checked last Friday and thought everything was fine so I relaxed and put it out of my mind. Down $15,000 since then. costly vacation. Oh well. I've learned to take these things in stride. you play you pay. One could get rich with cash now. Some high-fliers haven't bottomed yet but some of them have. Those are the ones to buy now when no one else is. But I think the bargains will still be there in a few months. That's probably when I'll start loading up again. And next time hopefully I'll get out while I'm ahead. Enough said. Good luck everyone.