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To: Bretsky who wrote (17916)4/29/2000 9:48:00 AM
From: Dale BakerRespond to of 118717
 
Little grasshoppers must read Portfolio Updates devoutly...KOPN mentioned when Wise One was lucky enough to snag some at 56 not long ago.

Valuation put me off for a long time too but the pullback was too tempting to miss. Their products are in a great niche at just the right time. As for SNDK, I'm an SSTI kinda guy and really happy with that "flash" in the pan.

From guru to punster. Ouch. Must be the weekend - LOL.



To: Bretsky who wrote (17916)4/29/2000 9:50:00 AM
From: Dale BakerRespond to of 118717
 
Further proof - MAKING MONEY MAKES YOU STUPID:

"Renowned for making well-timed currency bets, Soros funds ploughed into technology stocks late last year in a temporarily successful bid to recoup earlier losses, ending 1999 up 35 percent.

But as tech stocks took a beating this month, so did the Soros funds. A wrong-way bet on Europe's single currency compounded the losses, with Quantum losing a fifth of its value in the first two weeks of April.

The Nasdaq composite index is down around 25 percent from its all-time peak of 5,048.62 hit on March 10. The euro has lost nearly 10 percent against the dollar this year.
``I never thought the Nasdaq would drop 35 percent in 15 days,'' Druckenmiller said.
``This business is a bit like a drug. When you are doing well, it's hard to quit.''