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To: sea_biscuit who wrote (58105)2/22/2005 12:44:42 PM
From: microhoogle!Read Replies (1) | Respond to of 81568
 
I recently took position in Gold and commodities. I think S Korea reducing their exposure to USD is moving the market.



To: sea_biscuit who wrote (58105)2/22/2005 1:15:28 PM
From: Cynic 2005Read Replies (1) | Respond to of 81568
 
In general I do not like US stocks, dollar and bonds. I am neutral on gold and gold stocks. I think European and Indian markets will do better in general.

Here is where money is:

I am long:

SCOR (NYSE: SCO): A French reinsurer, which just survived from going belly-up. I am long for over a year now and my average price is 1.84, target $10 by end of 2006.

Dolby (NYSE: DLB): Everybody knows Dolby. They just went public. 1 year target is $50.

NASDAQ: TIWI - A wireless provider in Eastern Europe. Recovery case and buyout play. I am in it since it was at $3.50; My target is $20 or buyout by Vodaphone or other companies.

I am short:

WMT - June 2005 target $45 and Jan 2006 target $40.