> Some of my friends had $300k portfolios which are now
> worth about $2500.
Ouch. But I heard a better one:
At a now-crashed local (to Seattle) high-flyer, a few of
the folks got enamored with using margin to buy goodies
without having to touch their (then) rapidly-appreciating
stock.
One guy bought a private island, and 19 cars.
This was when the stock was in the $90s. Its now $2.75.
He owes his broker $20M.
Oops.
Jeff;
-----Original Message-----
From: Gregory Alan Bolcer [mailto:gbolcer@endeavors.com]
Sent: Friday, March 23, 2001 9:02 AM
To: FoRK
Subject: GAB Picks
These were my investment tips at the beginning of last
year. The first is where it started. I don't feel
so bad as it was only funny money. Some of my friends had
$300k portfolios which are now worth about $2500.
Right now, I'd buy Sun, Sony, Broadcom, Nokia. That's
about as safe as you can get in the tech sector.
Greg
1/12/2000 1/21/2000 3/23/2001
SUNW 77.2500 84.4375 19.0000
AKAM 232.8125 269.0000 8.5000
CNXT 68.5000 78.5000 11.5000
VIGN 194.7500 212.5000 6.4063
CMGI 129.7500 118.2500 3.0000
CMRC 173.8750 198.0000 10.7700
BRCM 284.6250 312.4375 34.9375
SBAS 13.5000 13.5000 7.2500* Got out at $7.25
NXLK 89.2500 100.9375 6.9375* Don't know conversion to XO
NOK 177.5000 185.0000 26.0900
$19,099.38 $20,625.44 $2,793.02
-- Gregory Alan Bolcer | gbolcer@endtech.com | work: 949.833.2800 Chief Technology Officer | http://www.endtech.com | cell: 714.928.5476 Endeavors Technology, Inc. | efax: 603.994.0516 | wap: 949.278.2805
This archive was generated by hypermail 2b29 : Fri Apr 27 2001 - 23:14:48 PDT