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To: jim_p who wrote (82501)12/22/2000 4:31:18 PM
From: upanddown  Read Replies (1) | Respond to of 95453
 
Jim

Great call on SMOP

Do you know anything about PEX? Looks like 80% closely held and 80% gas. No trades today but looks like a decent outfit. They are probably having a killer 4Q since the hedges look good. When you get time, could you do a cashflow analysis on it? Heres the Q.

biz.yahoo.com

John



To: jim_p who wrote (82501)12/22/2000 4:37:20 PM
From: RWS  Respond to of 95453
 
Jim,

I too want to thank you for SMOP. Bought a bunch in my IRA right after you recommended it.

Happy Holidays to all the great contributors to SD.

RWS



To: jim_p who wrote (82501)12/23/2000 2:42:37 AM
From: CpsOmis  Read Replies (1) | Respond to of 95453
 
Jim and board....

SMOP! The joy of this for me, is as a programmer/developer, SMOP is a cynical joke term which means...no big deal just a Simple Matter Of Programming.....i.e. the "No big deal" that becomes the project from Hell.....

I was hesitant to say anything publicly, but I took a ridiculous risk on this one...if you want to look at the price rise in the third week of October ...the 13th through 20th....that was me....picked up a net total of 76K shares at an average of $3.34....2/3 in the IRA and 1/3 in taxable.

Warren Buffet "joked" that diversification is a "hedge against ignorance", and that "you only need to buy one or two stocks....they just have to be the right ones! I am so grateful to you Jim for pointing out the solid value in this one to me!

For the moment, I am kinda stunned....

I am so grateful to all of you informed "oil men" on this board. Thanks to you, in this killer year on wall street, I have increased my portfolio by a multiplier of 2.67 since March. (after a 40% loss in the preceding 6 months, for a total 200% gain since March of '99 when I joined y'all here on the board.

Thank you all, SO MUCH, and I join others in thanking Jim_P for bringing this to our attention. (Hey, Jim, so it wasn't a sale for 6 bucks....50% will do just fine!)

Now, since it will be a close date of 4/30 (max), I need to decide what to do to diversify.... I think I will take the cash option in my IRA, and perhaps hold the 20K shares in my taxable account for a LT gain come October.

I know there are certain things you can do to stabilize a stock position. I read something Bill Gates partner did to make sure he didn't get burned with a continued slide of MSoft.....

Any of you geniuses want to help out here? Or maybe I need to go hire a good tax accountant/financial planner?

If I play this right I may be able to fund the marketing roll-out of my Utiliztion Review software without borrowing! (CPS-UR, for those who are interested!)

Cosmo

Oh yeah, one last thought....my brother was involved in a sale of his company that fell through....any ideas what the risks are of this?