The Hampton Letter
 

 
A place for investors to swap investment thoughts.
 
 
   
 
Tuesday, July 15, 2003
 
Today's purchases include Portal Software (PRSF) on the open at around $2.55 break out stock at $2.20 which is the support line. has a B- at IBD, new green bar at Clearstation along with 128 long recommendations to a paltry 5 shorts. It came public at about $19 topped out over $60. Very attractive chart with positive BOB, OBV, and RSMA. Set your stop at $2.00 just under the support.
And, Nanometrics (NANO) at about $8.00 with good support at $7.25 and again at $6.00 - so a stop at $6.50 should be pretty good. Its 52 wk high is around $19, it is in the green at Clearstation, getting 1/2 way to the high would give 100% gain, the talkers at Silicon Investor think it has legs to $20. Now that is a risk reward worth taking a shot at.
Mean while I am moving up my stops on MRGE, UCOMA, UMC, etc.
If you jumped on ICGE when it went down, you are probably happy with its over 50% gain yesterday!

Monday, July 14, 2003
 
My mode of thinking for my stocks is more raw gain than dividends because I am trading thru a SEP account which is similar to an IRA. (Just paying taxes on the whole amount when and if I get to retirement) BUT if dividends are going to greatly increase, I might have to re-think my strategy. SEP plans are great unless you have a few employees - then after a few years you have to contribute to their retirement the same percentage of salary.

 

 
   
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