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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: jeffbas who wrote (18132)	12/7/2003 12:42:36 AM
From: Steve168	Respond to of 78753

Jeff, I have a similar strategy, believe micro/small cap will outperform out of a crash. I bought(posted here) ALVR under $2 when it had $3.5 cash, no debt, and cash burn rate of 10 cents/Q. The deeply undervalued play is becoming a growth star and market leader in Broadband long-distance high-speed wireless access - I believe this service will likely be the "next big thing" in 3-5 years. That is the reason I adjusted my sell price target along the way, end up holding majority of the 120K shares now at $11.40. This sector is becoming strategically important and I bet the decision makers at CSCO and QCOM are probably scratching their head on how do deal with this - to buy ALVR or a competitor? No guarantee ALVR will remain the market share leader but so far this year it is gaining market share based on my rough calculation. I will not be surprised if ALVR reaches $20 in a year, or even $40-50 in 3 years, unless being bought at lower price. I will probably hold most of the shares at that time. I missed the EMC and CSCO 20x run by sold too early, rode PHTN from 3 to 65, SINA from 1.5 to 40, I believe my vision is getting sharper and execution skill is getting better, ALVR could be my third home run - and this time I will make a kill.