GDT::Stocks::Stuffer::Archive::Year 2003 | Stocks::Stuffer |
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Stocks Ignore Increased Terror Alert Level
... Holiday week for the stock market. U.S. terror alert raised one notch and "mad cow" disease uncovered in the state of Washington. Despite all the bad news, most stocks hold onto their gains. [ ...comments on selected stocks...] [26 December 2003, top] |
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Investors Take Profits on Saddam's Capture
... The capture of Saddam Hussein, which happened on Saturday, helped the U.S. stock markets to open with a short rally, but the rally did not last long and stocks were down on Monday (the first day trading day after his capture). [ ...comments on selected stocks...] [19 December 2003, top] |
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Good Time To Be a Cautious Buyer
... The DJIA has moved above the 10,000 mark. Many low-priced high-tech stock are well off their 52-week highs, yet they are still well above their 52-week lows. I am still a buyer, but the buying is done with care. [ ...comments on selected stocks...] [12 December 2003, top] |
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Here a Pop, There a Pop, We Like Pops
... A handful of GDT::Portfolio stocks are taking turns jumping upward. This week included impressive climbs by Corvis, Internet Security Systems, iParty, SGI, and Transmeta. The IPO market is starting to come back and biotech/nanotech stocks are doing well. [ ...comments on selected stocks...] [05 December 2003, top] |
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Investors Getting Financially Fat
... It is Thanksgiving and I am thankful the stock market has moved up so much over the span of the last year. Many investors have gotten financially fat thanks to the market, but fat turkeys often become somebody's holiday meal. Owning stocks is more risky today than ever before because nobody can predict what will happen if another terrorist attack occurs on our homeland. [ ...comments on selected stocks...] [28 November 2003, top] |
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Will Do Selective Selling If Stocks Spurt Forward
... Many stocks have fallen well off their 52-week highs, yet they remain even more above their 52-week lows. If stocks move up to previous highs, then I may do some selective selling in order to re-balance the GDT::Portfolio. Cash positions are low; therefore, buying for the next couple of months will be minimal. [ ...comments on selected stocks...] [21 November 2003, top] |
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Is It Time For a Correction?
... Linux stocks continue to be active and many are saying a market correction is needed (i.e. too many stocks have gained too much too fast). It is hard to argue this point, but it is early in the 21st Century and the earth is still spinning inspite of all its problems. There is still that old say: "Wall Street climbs a wall of worry." [ ...comments on selected stocks...] [14 November 2003, top] |
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Isotechnika... Opsware... Linux Stocks... Terror
... Isotechnika (biopharmaceuticals) invited me to their open house; I RSVP'd and then became a small shareholder. Opsware (Utility Computing/IT Automation) finally makes it back to $9. Opsware is the most important stock in the GDT::Portfolio. Linux stocks are going up, down, up, down, up, down and so on. We may be on the tip of a huge economic recovery; however, that could all change in a moment if the war on terror moves to our homeland. [ ...comments on selected stocks...] [07 November 2003, top] |
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October Ends Up Being a Good Month
... We appear to be in a BULL market because stocks keep going up and up and up. October is typically a bad month for stocks, but not this year (2003). Interestingly, stocks that brokerage firms ignored when they were penny stocks are now good buys when they are priced in the lower-teens. [ ...comments on selected stocks...] [31 October 2003, top] |
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Diversity Does Not Necessarily Help in Bad Markets
... Diversity is good, but it does not help that much in a bad market. In a bad market, most stocks go down; therefore, if you are diversified, then you have a bunch of stocks go down. Diversity is good because it gives you more opportunities to find those good investments. The lowest a stock price can go to is zero, but in theory, there is no limit to how high a stock price can go. [ ...comments on selected stocks...] [24 October 2003, top] |
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Tough Week for Stocks; Debt Sucks
... It was a tough week for stocks and many issues are now selling well below their 52-week highs. For example, Opsware is at $7.55 down from $9.25, VA Software at $4.81 versus $6.38, WebMD at $7.93 versus $12.49 and so on. [ ...comments on selected stocks...] [17 October 2003, top] |
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Speculative Fevers on the Rise
... Speculative fevers are on the rise as stocks continue to spike to new 52-week highs. The IPO market is still dry and there have been few stock splits, but the number of issues making new highs greatly exceeds the number of issues making new lows. [ ...comments on selected stocks...] [10 October 2003, top] |
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Think Long Term When Investing
... Stocks experienced a great run, but the last few weeks have not been fun. Are investors positioning themselves for another round of buying? Or is this just the beginning of a major market correction? We must always remember that many low-priced high-tech stocks have jumped two-fold, three-fold, ..., ten-fold from their post-911 lows. The bottom-line: We need to think long-term when investing in stocks. This mindset allows us to tolerate those times when stocks do not perform well. [ ...comments on selected stocks...] [03 October 2003, top] |
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Up, Up, Up versus Down, Down, Down
... It sure is more fun when stocks go up, up, up rather than down, down, down. The week just ended was on balance a downer, but these down periods can offer some good buying opportunities. [ ...comments on selected stocks...] [26 September 2003, top] |
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Is Anybody Reading This?
... Although I remain bullish on the 21st Century (and consequently the stock markets), recent gains have required me to make portfolio adjustments. These adjustments have forced the selling of some shares. I whole-heartedly advocate investing in America and I am going to continue to buy stock when resources allow. [ ...comments on selected stocks...] [19 September 2003, top] |
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Volatile Stock Markets In a Volatile World
... It has been two years since the attack on America and the stock markets still have not returned their pre-911 levels. It is not uncommon for stocks to to move up or down more than 5% during the span of a day. GDT::Holdings were up 5% on 9/11/2003. [ ...comments on selected stocks...] [12 September 2003, top] |
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I Don't Know Why the Market is Up
... From rags to riches... why? I don't know why the stock market is up as much as it is. I still don't know anybody who can predict when the next 911 will occur. When I said this to KathleenM, she reminded me that we do know (with 100% confidence) that 911 will occur every September of every year. Thank You, KathleenM, for using using humor to negate my negative thoughts. [ ...comments on selected stocks...] [05 September 2003, top] |
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Computer Security; Biometrics; Linux
... Wall Street doesn't think there is enough computer security work to go around as evidenced by the fall in ISSX shares. I think they are wrong. It looks like SGI is becoming a Linux company by doing a deal with SuSE. Oracle liked the news and so did I. SGI announced a restructing that will result in a loss of 600 jobs. Biometrics is not today's total solution to security issues, but biometrics is a 21st century technology. The City of Tampa has announced they are going to stop using some biometric technology. Novell and VA Software both popped on better than expected performance. [ ...comments on selected stocks...] [29 August 2003, top] |
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Buy with Caution and Think Long Term
... Most low-priced high-tech stocks continue to favor going up rather than down, but this trend could change at any moment. I am still a buyer of stocks; however, the buying must be done in a cautious manner. In some cases, profits should be secured by selling stock. Stock market guru Warren Buffett has become Arnold Schwarzenegger's ecomonic advisor although the terminator has told him not to speak about Proposition 13. [ ...comments on selected stocks...][22 August 2003, top] |
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Portfolio Diversity is a Key to Good Investing
... Diversity plays a key role in good investing. If you place all your money into a single stock and that stock does not go up, then you do not make any money. There is a cost (via transaction fees) associated with diversity, but it is required expense. [ ...comments on selected stocks...] [13 August 2003, top] |
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Heavy Buying Followed By Soft Selling
... The last week has seen a handful of GDT::Portfolio stocks experience huge gains; however, holding onto these gains has not been easy thanks to an overall sluggish stock market. [ ...comments on selected stocks...] [06 August 2003, top] |
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Market Remains Good, But Not Too Good
... The Business section of the Arizona Republic reported that there appears to be signs of life in the venture capital world -- this is good news to small companies in our state. Vingette and Rogue Wave Soft have been added to GDT::Portfolio. [ ...comments on selected stocks...][30 July 2003, top] |
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Wall Street Needs To Think Long Term
... The current stock market has little tolerance for high-tech companies that do not meet expectations; examples, Internet Security Systems and Sun Microsystems. Caution must be exercised when buying stocks these days. Wall Street continues to think short term, short term, short term. This short term thinking causes stocks to be volatile and it helps generate money for those who perform stock transactions (i.e. middle-people). [ ...comments on selected stocks...] [24 July 2003, top] |
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Companies Need to Exceed Expectations
... We have a stock market that wants company's to exceed expectations. Yahoo reported second quarter financial results that met expectations, but the stock fell from the mid-30s to the lower-30s. Intel reports financial results that exceeded expectations that the stock received a surge of buy orders. On the other hand, Lucent Technologies did not meet expectations and the stock promptly was greeted with a rush of sell orders. [ ...comments on selected stocks...] [16 July 2003, top] |
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Climbing a Wall of Worry
... The stock market fall that occurred during the start of the 21st Century resulted in numerous bogus class action lawsuits. People speculated and got burned and they want others to pay for their mistakes. Wired.com::Dot-Com Losses Not Broker's Fault There is an old quote that goes "Wall Street climbs a wall of worry." There is definitely lots to worry about. [ ...comments on selected stocks...] [09 July 2003, top] |
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High-tech Stocks Holding Steady
... Applied Digital makes debt payment to IBM. Entrust's stock stays below $3. Opsware expands to the UK. SGI appears to be a good place to work. [ ...comments on selected stocks...] [02 July 2003, top] |
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More Ups Than Downs
... Amazon.com sets e-commerce history thanks to Harry Potter. Digital Think drops, but recovers quickly. Marimba's thin float can cause for dramatic price activity. Orthologic gets mentioned on BusinessWeek.com and goes up on heavy volume. [ ...comments on selected stocks...] [27 June 2003, top] |
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Stocks Continue Upward Climb
... Wall Street continues to move upward. This week's posting covers SGI, Yahoo, and Transmeta. In addition, Digital Think (DTHK) (e-learning) has been added to GDT::Portfolio. [ ...comments on selected stocks...] [18 June 2003, top] |
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Novell Buy; Corvis Chasing; VA Software Explodes/Corrects; SGI Spike
... There were two buys since the last posting: Novell (new position) and Corvis. Due to Linux news, VA Software is expriencing a wild ride. SGI moves up on heavy volume, but remains well below its 52-week high. [ ...comments on selected stocks...] [11 June 2003, top] |
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Low-Priced High-Tech Stocks Doing Well
... Low-priced high-tech stocks start off June 2003 behaving nicely (i.e. going up). It has been a collective move, however, not all stocks are currently participating. Many stocks are three/four times above 911 lows. [ ...comments on selected stocks...] [03 June 2003, top] |
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Novell, Inc. Added to Stocks::Portfolio
... Novell has entered into the SCO/Linux battle and that in turn gets them added to our portfolio list. The 0.99 PSR makes the stock attractive at $3.13 a share (almost double the 52-week low of $1.57). The stock behaved okay during 911. Finance.Yahoo.Com::Quote::Novell, Inc::NOVL [28 May 2003, top] |
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IPayment Goes Public
... iPayment is the first Internet company to go public is a long time and it is important to see how it behaves. If investors see risk in IPOs, then that will stall the IPO market for a longer time. Sadly, the Wall Street people who took iPayment public practiced shoddy ethics. Today's business ethics (think Enron, Martha Stewart, Worldcom, etc.) weighs negatively on the overall health of the markets. What has happened in the past with stocks similar to iPayment is that if they don't skyrocket after the IPO and so speculators enter into class action lawsuits against the company. For small companies, this forces them to allocate precious resources such as time and money to defend themselves. iPayment went public at $16 per share and jumped 31% to $21. The first day opening price was $19.75. On 22 May 2003, iPayment fell to a new post-IPO low after breaking opening price level; however, the stock recovered and closed the next day at $20 a share. [IPMT] Fool.com::Bear Slips, Breaks Settlement [26 May 2003, top] |
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911 Prompts Us to Start Learning About Stocks
... On 11 September 2001 the United States of American was attacked by terrorists. In response to the attack, the U.S. shutdown the stock markets for a week. When the markets re-opened, investors -- who had been selling stocks prior to 911 -- continued to dump their shares in American companies. I didn't have much cash laying around, but I decided that it was necessary to buy stock in America. My initial investment -- a whopping $300 -- was in 100 shares of Tempe-based America West Airline. AWA 100 $3.00 CASH Buy 09/19/2001 $300.00 $7.00 $307.00 * 100 shares at $3 per share plus $7 commission I have continued to invest in America and started a Learning About Stocks resource. I've been posting to this resource, but in a non-blogger way. Today, 19 May 2003, I started this Stocks::Stuffer blog. Today is the first day of my Summer 2003 break and it should be the first day of my first sabbatical, but it is not. Tonight, Martha Inc., is on TV. As per Jackson Browne, "I was raised for America." The two-year anniversity of 911 is four months away. Since 911 the stock market has been on a steady, but volatile climb. Another 911-like attack on our homeland will cause our current stock bubble to pop like an over-inflated balloon. I am not proud to be an American; I'm lucky. I'm lucky to be an American. Despite Martha Inc. on TV, I remain long term bullish on America. BOUGHT 100 VIISAGE TECHNOLOGY VISG 4.28 435.00 05/19/03 [19 May 2003, top] |
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Author: Gerald D. Thurman
[deru@deru.com] Last Modified: Sunday, 28-Dec-2003 07:30:26 MST Thanks for Visiting |