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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (195205)	4/26/2006 8:18:38 PM
From: FJB	Read Replies (2) \| Respond to of 275872

I like turnaround stories like Cray. When they go up, it is usually several fold. Sometimes they turn into 5-10 baggers and sometimes they go bust. I've owned it since the very low 1's - high risk/high reward.

To: Joe NYC who wrote (195205)	4/26/2006 9:09:10 PM
From: UpNDown	Read Replies (1) \| Respond to of 275872

Jozef Halada, on Cray I've got a little bit of Cray. My investing thesis is to buy stocks that have a chance of doubling within the year. Cray obviously qualifies. I think they have a 40% chance of doubling within the year, and perhaps 10% of tripling or better. Downside risk appears to be quite low, maybe 5% of going bust. I think they make a great takeover target as well. Wish I had more, but AMD is tying up the money :). And Cray is an expensive buy for me at these levels (commission $ per share), not marginable, etc.