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Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (2853)	1/31/1999 10:52:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

PORTFOLIO UPDATE FOR JANUARY 31: Tech stocks keep roaring along. Portfolio is up 13% year to date. Best recent short-term trades were IMON overnight for 42% and USRF overnight for 32%. My only really stupid trade this month was a losing daytrade in AVCO (-300 bucks). Not buying back NITE was also a mistake. Otherwise, it's win some and lose some. CORE POSITIONS: WCOM, BRKB, re-bought CMGI at 104. (31%) 50% GAIN CANDIDATES: CMIV, FLYR, FNDTF, FHT, MFNX, MXTR, PLCM, PROG, RNWK, VRIO, VTSS, XYLN. (50%) These positions range from 2 - 6% of the portfolio each. Stopped out of DISH and IACO, cashed out OMPT for a 20% gain. FHT and RNWK started to break out this week - keep an eye on both. TRADIN' TRASH: ERGO, KCS, NRAG, TNO. (13%) Dumped FTIC at break even. MUTUAL FUND CORNER (NEW): BEARX, SCGEX. (11%) SHORT: None. OPTIONS: Forgot to mention last time I still have LOR January 2000 25 calls, bought at 2 and now at 4 5/8. I may sell half soon to get some cash in my option account. Percentages add up to 105% thanks to a margin position in TNO which I will dump if it doesn't start moving early this week. I want to add IPO PER (Perot Systems) on Tuesday if it doesn't open too high. Performance by % gains: WCOM +50% FHT +40% RNWK +30% FNDTF +23% MFNX +20% CMGI +18% XYLN +18% PLCM +14% VRIO +14% VTSS +10% BRKB +4% SCGEX +4% TNO -1% BEARX -3% PROG -6% MXTR -10% CMIV -15% ERGO -20% FLYR -20% KCS -40% NRAG -55% Performance by $$$ gains: WCOM CMGI MFNX FNDTF RNWK VRIO PLCM XYLN BRKB FHT VTSS SCGEX (Paper profits amount to 8 1/2% of the portfolio) TNO PROG BEARX CMIV MXTR ERGO KCS FLYR NRAG (Paper losses equal 2% of the portfolio without NRAG and 6% with NRAG) Sector Breakdown: Internet Services: RNWK, VRIO, CMGI (18%) Communications: WCOM, MFNX, LOR (16%) Hardware: PLCM, XYLN, CMIV, MXTR (16%) Financial/Insurance: BRKB (15%) Mutual Funds: BEARX (Shorts), SCGEX (Europe) (11%) Semis: VTSS (6%) Software: FNDTF (5%) Internet Retailers: FHT, PROG (4%) Gaming: NRAG (3 1/2%) Travel: FLYR (2%) Energy: KCS (2%) Misc: ERGO (2%) I also did a breakdown by market cap. In my universe, I consider any stock over $1 billion a "large cap", those over $500 million "medium cap" and under $500 million "small cap". I currently have 11 large caps, two medium caps and 7 small caps plus two mutual funds.