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To: pater tenebrarum who wrote (124589)	9/21/2001 6:18:23 PM
From: Earlie	Read Replies (2) \| Respond to of 436258

Heinz: What a nifty compliment to have a guy as market savvy as you interested in what a broken-nosed, Canuck might think. Many thanks, my friend. Basically, I intend to play the short side almost exclusively for the next several months, or until the inevitable waterfall event transpires. At the moment, I still think the semi/semi producers have much more "giving" in their current stock prices, even though they have been whacked nicely already. The PC producers and many of the telecom trash have taken a well deserved beating, so I will just keep an eye on them with a view to jumping on any that experience a nice run-up. I am just starting to branch out into other fields. I will admit right up front that my supposed expertise is limited to the tech sector, and I am most comfortable therein, but the financial sector is just such a juicy plum waiting to fall that I can't resist digging around in that slimey pit for a few choice targets. I like the credit card providers the most, as well as some of the "derivatively challenged". (g) Several of the folks on the thread have targeted the home builders and suppliers and that make sense to me. Haven't taken on any positions there yet, but will. Once we get some sort of a rally behind us, I will re-concentrate the research on the "debt-encumbered". During the mania, I managed to make a decent living by shorting companies that were setting up dates with the bankruptcy courts. A lot of lessons were learned in the early going, but it is a wondrous territory that I think will only get better. As this spiral tightens, debt is going to take out a huge cross section of companies and they will be much easier horses to ride into the dirt without the mania to give them an added life. As far as long positions are concerned, as noted many times, I love junior golds that have large proven reserves. One typically buys their gold in the ground at a truly staggering discount to the artificially depressed current price. What an opportunity. As an example, my favourite, GSL, traded today at $0.12. Forgetting the lower grade gold and just calculating the high grade stuff, one is buying that company's gold for roughly $1.20 per ounce! On top of that one is buying a decent dollup of cash, as well as about-to-flow gas. This one is an obvious buy-out target, so I just keep on buying every week or so. (g) "Stocks that can do well in hard times" is my mantra as far as anything else is concerned. I like infrastrcture rebuilding situations because governments put the unemployed to work during a depression in just such activities. Sewer and water related stocks make sense to me in the current environment as do any companies that address the whole garbage processing scene with intelligent technologies. Medical stocks are also good choices given the current situation (aging population globally), but most of the more established medical stocks are in the stratosphere, so I dig in the juniors for targets. So far, only one or two have surfaced as good candidates and I will comment on each of them when I have completed the research. It is a territory with plenty of mine fields, but the good ones can provide a delightful ride as the larger players become interested. The above views are those of a guy who pulls his pants on one leg at a time, just like all the rest on the thread. I provide this material in the interest of reading what you and others use as a personal guide for investing activity in these "interesting times". Best, Earlie