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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (5951)1/31/2002 5:39:32 PM
From: Sig  Respond to of 13815
 
<<.what made STOR close so strong.....>>>
The future is looking good with new contracts. The problem for uppage is the 224 institutions who bought in too high and will be selling on the way up , perhaps sold some today. But IMO can have have more gains
Regarding those other stocks -I could not live like that, I was forced out of techs-only situation and had to find some more stable stocks

Jdsu for example lost $57 bil- that is 57,000 million $
How could they possibly do that ? 57000 milionaires lost their shirts
Don't you think they should have put a stopper to things- a plug in the leaks after losing a mere $500MM?
Or even $2 bil?
How dumb can they be ? Would you want them playing with your money?
Glw would be another example of failed management. They got on a roll when orders came in for
more product than they could produce. Got carried away and careless when looking at biilions in potential of sales and bought other companies.
Many companies could have made fortunes for their shareholders, Cpq, Glw, Nt, Jdsu. If management had
wanted to, or worked at doing so- but thats not the game. Management has their millions in pay, millions in options, a solid job and their attitude is expansion and power! They don't need existing shareholders, can spin off a division, sell bonds, put out an IPO to new shareholders - or think they can.
To get back in good graces of the market, tech stocks will have to demonstrate good management and financial acumen. Earnings would help, so have I been very wary of tech stocks who lost a lot of money in the past. There are plenty of stocks around and so there is no need to deal with those without earnings unless
purely for trades
Sig



To: im a survivor who wrote (5951)1/31/2002 7:29:34 PM
From: Sig  Read Replies (1) | Respond to of 13815
 
Its been a long hard day on the Range. Rounding up those doggies, branding a few Bulls with those hot irons that sizzle when you touch them- castrating a few pigs so they can fatten up for the market.
Not many bears tho, thank goodness for that.
Time to limp back to camp- see what they got cooking at the chuckwagon Hope its not them old beans again.
26.7% gain on Stor?. Thats equivalent to having the money in bonds for 4 to 6 years.and all earned within 24 hrs.
Never worry about money coming back to equities. It'l be back, even at P/E's of 100
Sig



To: im a survivor who wrote (5951)2/1/2002 10:09:26 AM
From: Venkie  Read Replies (1) | Respond to of 13815
 
ok...now I'm worried about opwv..if it breaks 6 then I am selling 1/2 my position..this prolly means we're close to bottom.