GDT::Portfolio was started on 22 December 2000 with the following three investments.
HGR 1500 1.07 Buy 12/22/2000 1605.75 LNUX 175 9.00 Buy 12/22/2000 1587.00 YHOO 100 14.32 Buy 12/22/2000 1443.25 ---------------------------------------------- $4636.00The DJIA closed at 10,636 on 22 Decmber 2000.
On Friday, 14 May 2004, the DJIA was at 10,013, down 5.9% from 22 December 2000.
HGR $16.14 +1408% [ 400 shares @ $1.07 up 1408%] LNUX $ 1.94 - 78% [2100 shares @ $2.35 down 17%] YHOO $26.97 + 88% [ 220 shares @ $8.38 up 220%]Looking At Short Ratios
Bottom-fishing is impossible, but at some point and time may stocks are going to hit a bottom and move up. Firstwave Technologies has demonstrated that the last couple of days.
DRRX 15.4 [no shares] HLTH 15.9 [no shares] LNUX 11.7 [2nd largest holding] SCOX 13.9 [no shares] AWA 9.5 [small holding] OPSW 9.0 [largest holding] SGI 8.9 [4th largest holding] Note: 3rd largest holding, EPRE, has a short interest ratio of 0.06.Advanced Micro Devices (AMD)
[Friday, 14 May 2004] Advance Micro Devices was added to GDT::Portfolio at the end of last week. AMD shares were priced at $13.87 and had a PSR of 1.28.Applied Digital Solutions (ADSX)
[Tuesday, 18 May 2004] ADSX shares hit a new 52-week low of $2.05.Entrust (ENTU)
[Thursday, 20 May 2004] Entrust announced that it will be reporting lackluster quarterly results that stock fell 9.3% closing at $4.30. The stock, before falling to an intra-day low of $4.12, hit an intra-day high of $4.90 when the company announced a partnership will Bell Canada, Canada's leading telecommunications company. Trading volume was 417% higher than the last three-month average (1.5 millions versus 0.29 million). ENTU's 52-week high and low have been $5.70 and $2.40, respectively. This stock has relatively high institutional ownership.Epoch Biosciences (EBIO) [BUY report]
BOUGHT EBIO 1.93 05/19/2004 [Wednesday] trading history --------------- 200, 1.93, Buy, 05/19/2004 200, 2.17, Buy, 03/31/2004 100, 2.35, Buy, 03/12/2004 100, 2.45, Buy, 03/10/2004 200, 2.70, Buy, 02/24/2004 avg. cost per share is $2.38Firstwave Technologies (FSTW)
[Tuesday, 18 May 2004] FSTW is up 60% at $3.21 from its recent 52-week low of $2 that was hit seven trading days ago on Friday, 07 May 2004.[Thursday, 20 May 2004] FSTW shares opened at $3.92, 14% above the previous day's close. The stock finished the day down almost 5% at $3.26.
Lynx Therapeutics (LYNX) [BUY report]
[Friday, 14 May 2004] Lynx Therapeutics crashed almost 28% on Friday of last week. The company reported disappointing quarterly results. LYNX shares started this week priced at $2.31 per share.BOUGHT LYNX 2.09 05/17/2004 [Monday]Opsware (OPSW)
[Wednesday, 19 May 2004] A brokerage firm issued an 'Overweight' rating on Opsware stock around $7.30.Yahoo (YHOO)
[Wednesday, 19 May 2004] A brokerage firm issued an 'Buy' rating on Yahoo stock around $27.75.
Author: Gerald D. Thurman [gdt@deru.com]
Created: 21 May 2004