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Technology Stocks : copper mountain CMTN -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (1025)10/9/2000 9:12:51 PM
From: Elmer  Respond to of 1226
 
A curious thing happened this weekend. I was listening to Bob Brinker on Sunday and some woman, who had lost a ton of money in tech stocks, told him her broker had just put her in CMTN. Bob proceeded to lecture her about diversification etc. and pointed out that the stock had declined 75% and has very high volitility. He suggested that she complain to her broker's manager.

I listened and kept thinking that this stock has a great risk reward ratio and maybe it's not appropriate for her but could very easily double if NASDAQ reverses.