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#1 Azat

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Posted 23 January 2003 - 07:29 PM

Are there people here who enjoy investing in the stock market?

Would people be interested in sharing investment ideas here? Is it practical or more of a hustle?

[ January 23, 2003, 07:29 PM: Message edited by: Azat ]

#2 MosJan

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Posted 23 January 2003 - 07:33 PM

Azat jan say a way from the stock market - inchqan heroo anqan lav

GOLD is been duing fine $364.70 OZ.

bayst yerkar chi mna espes shutov kam lav ver k@batsrana kam el norits het nergev.

#3 MosJan

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Posted 24 January 2003 - 09:44 AM

see Azat jan it's up 1.10% $368.20 lets see the NY price 50 more Mins.

#4 Azat

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Posted 24 January 2003 - 11:26 AM

Yes Movses, it is up 1.1% but when was the last time that gold went up 20% or 30% or 40% in a year? I am not the best investor in the world, but I have had some homeruns in stocks.

Oh, don't get me wrong I have/had a list to long(here we go with that long list again) of failures as well. Among them was webvan(I use to LOVE their service, I wish someone else would come back in to that segment of the market) and Exodus and JDS Uniphase(barf) and AT&T and Gillette and Home Depot and who can forget Lucent.

#5 MosJan

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Posted 24 January 2003 - 07:36 PM

azat jan it was in 1981

20 or 30% change in one year ? not up - Dawn

this is not going to stay like this - it will go up ~ 400s - and agine danw to ~300

#6 Azat

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Posted 27 January 2003 - 04:13 PM

Oh Oh the Dow closed under 8000(7,989.56) today. Do I hear 7500 anytime soon. My Morgan Stanley guy thinks we will hit 7500 and possibly even 7K by the end of March. Ouch.

#7 Sip

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Posted 27 January 2003 - 04:22 PM

Yah! I used to enjoy the stock market quite a bit ... that's when everything was going UP up up and up

YOu wanna take advice from me? hehehehehe ... so for a while I was pretty hot on this company called ZOOX (Gadzoox) ... not sure if I told you about them ... so I bought when they were $50, I bought when they were $45 ... I bought when they were $30 ... I bought even more when they got to $20 ... I added a few more shares to my portfolio when they hit $15 and some more when they went below $10. I also bought a few more around $5.

Last trade, they were at around .5 cent I believe You still want advice from me?

#8 Sip

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Posted 27 January 2003 - 04:27 PM

... oh and forgot to say that fortunately, that was around the time I was contemplating continuing to Ph.D. ... Once I realized it would be a bit hard to lose the investment I put into my brain and myself, the choice was obvious!

Plus I saw how a few friends who had gone out chasing their millions ($$$) after their BS degree, got totally bankrupt and lost everything Some of them couldn't even afford the taxes they owed on these stock options that were part of their starting package at those hightech companies.

[ January 27, 2003, 04:27 PM: Message edited by: Sip ]

#9 vava

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Posted 27 January 2003 - 04:31 PM

I can certainly relate. I was one those many Canadians that bought into Nortel. Actually I was one of the lucky ones: I bought at around 40$, in the next 10-12 months the stock split, and grew to about 120$+ .

I didn't sell.

The stock plummetted to just under a dollar, now it's worth just over 3$... maybe I should buy some more

#10 Sip

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Posted 27 January 2003 - 05:03 PM

BUY BUY BUY ... it's such a good deal

But I did sell yahoo when it hit $500 ... it was the BEST decision I've ever made (very few shares though)... they are around $18 right now but that's after one split.

#11 Azat

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Posted 27 January 2003 - 09:40 PM

I use to work for a company that wrote alot of Storage management tools(especially for EMC and HDS devices). One of my coworkers use to put all his excess cash in Gadzoox as he thought some day they were going to manage the world. He had to sell his home and move to a smaller home to pay all his loses in the market especially on ZOOX.

I have a friend who exercised her options of Exodus at $38 when they were at $90, but did not sell any shares. Which means she had a gain of $52 a share and no money at hand at that time. Then the company went within 3 months filled for bankruptcy and closed shop so at the end of the year she had a gain of 52 and a loss of 38 which meant that for each share she had a net gain of 14 a shares that she never even got a penny for but had to pay thousands of dollars in taxes for that gain. I think she either had 2400 shares or 1400 shares. Sad. She was crying as she had no job and a huge tax burden.

#12 Azat

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Posted 29 January 2003 - 04:02 PM

Ouch: AOL Time Warner Inc. (AOL) on Wednesday posted a 2002 loss of nearly $100 billion -- the largest annual loss in U.S. corporate history -- and in a sign of further turmoil, media mogul Ted Turner said he would step down as vice chairman.

------

I think $100B is about 30 years of the GDP for Armenia.

#13 Azat

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Posted 30 January 2003 - 11:17 PM

Sip, news for you: Chipmaker Broadcom has made a bid to acquire the assets of troubled storage-networking maker Gadzoox Networks, a Gadzoox representative told CNET News.com on Thursday.

http://msnbc-cnet.co...d&subj=cnetnews

(I hope you recover some of your money)

#14 Azat

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Posted 04 February 2003 - 09:05 AM

Hey Movses, did you see gold today? Up another 6-7 dollars. Ouch.

On another note I just got off the phone with my broker at Morgan Stanley and he said that they are seeing a support level of 7100. Oh boy. I have no more blood left.

#15 Azat

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Posted 04 March 2003 - 02:20 PM

Eeeehhhh Movses. Asa inch qez lsetsi u lriv poghers Stock Marketi mech dretsi?

Ouch. we hit 7700 today. how low can it go?

#16 Azat

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Posted 21 March 2003 - 10:47 PM

Movses, did you buy lots of Gold at 400? I hope not.

#17 MosJan

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Posted 21 March 2003 - 11:54 PM

Azat jan chukchi nidurak
I sold most all of it at $375
mnatsats@ $350

mi 2 gram el pahel em Atamner@s sarqem - gites che Pasadena Pivnoy butka em dnum - Vobla yev Rak ba axper@s:sgrin:

#18 Azat

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Posted 22 March 2003 - 12:06 PM

Movses kartolov perashki el dir het vor yesel karoghanam gam mi ban utem.

#19 MosJan

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Posted 22 March 2003 - 11:01 AM

no problem Azat jan

#20 Azat

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Posted 04 April 2005 - 11:04 PM

Movses jan et Pasadena Pivnoy butkan batsetsir? Tsarav meranq




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