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To: John Koligman who wrote (13327)9/2/2004 9:50:34 PM
From: Sig  Respond to of 13815
 
<<<Well you might have been a bit early Sig,>>>

Yes. could be 60 days too early, but I saw some action going on in one stock I already owned.

>>it depends on what you bought and how much of the Intel news has already been discounted by the markets. Trading action in INTC sure signaled this for some time now. That said, I've been patiently waiting for INTC in the teens, it gets to be an interesting trade eventually. I see that OLDTRADER doesn't post much anymore, remember how he kept screaming about INTC being ready to pass Dell in price not too long ago???>>

I remember OT. Dell can wear down most stocks with persistant- it just takes time. Dell is mostly a retailer selling to customers who will buy the add-ons and periferals, and get the added sales and higher profits and repeat business from millions of customers.
I once tried to buy the into wdc , qntm, and intc that made the components that Dell sells and it was a failure.



<<< Speaking of Dell, you keep in touch with those diehard Dellheads? Have they finally given up? Sure took awhile, the stock cracked 5 1/2 years ago....>>>

I remember nearly all the names from that period, including the bears - Hank, Candlestick,Flamethrower.
Rosemary, David, Pat, etc.
Pat, David Weis, yourself being the earlist posters in 1996.
No, I don't keep in touch much, and I don't ask how they survived. I hope they kept more profits than I did,
and I know a few that made out like bandits in building a better life.

Some ,but not many,still do own Dell and breaking even for that period can be better than owning Enron.(g)

Dell could still be considered an investment for those with time and money. But I am still looking to make money
fast, with not so much time to spare.(hahaha)

I have followed some fast movers, like Igt, Agi, Tsco, Jnpr, etc but its rather useless to post that fact, because as you can see all mo-mos will crash temporarily but painfully in this new type of market that has evolved.

Regards
Sig



To: John Koligman who wrote (13327)9/3/2004 12:18:12 AM
From: Sig  Respond to of 13815
 
Re Intel:

Bad show, eh?
Reminds me of the day Intel dropped $20 a share and took Dell along with it- down from 109 to 99 and then Dell recovered in the same day.


There were about 200 posts on the Dell thread when I began reading it and now 171,000.
That gives a clue where to look for the next 50,000%
winner and its no longer in a Dell or Intel.
It will be a lesser known company.

We know that technology and biotech are on a roll, and will have awesome growth. But the amount of BS spread by entrepreneurs is also awesome and creates much risk.

Its only on a rare day I can see clearly a good momentum investment, and those days become rarer each year.
And I also consider it generally unsafe to leave money in equities for a long period, and am only holding two for long term appreciation.

To put it another way, I know that the stocks I monitor
today are not the huge winners that we found in the good days, so will have to look elsewhere.
It may take time to find one, as I am not working seriously at it today.

I'm a bit reluctant to post opinions on the thread and perhaps cause someone suffer a loss. With the market going down it is practically guaranteed that any selection will get hammered.

Luckily most posters here know it (g)

Sig