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To: Victor Lazlo who wrote (114918)1/10/2001 8:00:30 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Victor,
I will have to look at them again. I really like the energy sector and anticipate another nice move up in it this year. I may buy through a mutual fund for additional exposure.

I have been trying to determine where I want to place additional assets derived from the holiday selling season. Last year I placed all most all of it in mid range diamonds which did very well with a 15 to 20% increase throughout the year. I felt so smart at the end<G> One is only as smart as their last correct move so it is not going to my head. I do not see the same occurance in diamonds this year in the mid range and for sure in the high end range. DeBeers dumped a lot of rough on the market last in 1999 and early 2000 but demand for high end slid as the market slid thoughout 2000. Now the cost of cutting and polishing low end diamonds 10 points to 20 points is increasing. There were a lot of cutters in India that cut these stones relatively inexpensively. These people now are trying to market them too now in the US so the cost of cutting these is increasing. My point is a gain in diamonds is not close to assured and the best area is smaller diamonds.

There are tons of sectors but I see no softening in energy demand in the US. Particularly, natural gas. Tech is low enough to have a nice in the second half of the year if there is enough liquidity. Energy could run regardless. I am open to opinions and thoughts on this.

Glenn



To: Victor Lazlo who wrote (114918)1/11/2001 9:45:22 PM
From: Victor Lazlo  Respond to of 164684
 
<<Bought a little KP today >>

sold it today, yippeee ! Luuuuuuuv that oil patch!
Victor