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Old May 19, 2001, 02:57 PM
Dien Rice
 
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Default 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....
 


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