I missed out on the donuts, but struck gold with medical technology....
 

Hi Gordon.... :)

> I'm not an investor, but I have my
> "theories".

> Last year I mentioned Krispy Kreme as an
> investment to consider...

> Well at the close of the bell Friday, shares
> closed at $63.85...

> the price has more than doubled in the past
> year and the stock was the second best
> performing U.S. IPO last year.

Congratulations! Sounds like it was a great pick! :)

> As I noted last year, my pick was based upon
> large police departments adding to their
> forces...

> it was a NO DUH stock pick.

Heheh.... Seems logical to me! :)

My shares went well too.... Most of my money is currently in Resmed. (They make devices which help people who have sleep apnea - that's when people intermittently stop breathing in their sleep.) It was about $25 a share a year ago, now it's $55.95.... So I'm a happy camper. So far I've more than doubled my money.... :)

I mentioned my Resmed holdings here on Sowpub on January 1, 2001.... I've linked to that post below....

You CAN make money in the stock market, it just takes a sensible mind.... It's easier to make it with a long term investment than by day-trading, in my opinion.

Gordon, you oughta try your investment method some more.... I actually like what you tend to write about it, regarding looking at the consequences of trends (like more police means more sales of donuts!).... It seems logical and if Krispy Kreme is any indication, it seems to work! :)

- Dien




My post from January 1....

Not much of a stock pro but...
 

I was at the right place at the right time. I work for IKON Office Solutions during the day and have been for about eight years.

Almost two years ago the the stock price was about $50 per share. Shortly after, the CEO at that time announced, after being investigated, that the books were fluffed to give a good impression to the public, thus increasing the perceived value of the stock. Needless to say the stock plummited to about $2 per share and stayed that way for almost two years.

At the time of the price dip I had 6% of my check going into IKON stock. I immediately jumped it up 10% for the next year and a half.

Cannon and IKON recently announced their talks of a merge. In some cases this makes the stock price go up. It did with IKON's. It is now up to almost $8 per share in about a month. Might be beans now, but if Cannon buys out IKON the stock just might go way up (I hope).

Congratulations Gordon on your Krispy Kreme investment.

Dennis