Wednesday August 12 2020 July, August Double Issue

A Web Site For The Young Ethiopian Professional.
    Volume II   Issue IV

Front Page
Table of Contents
Editors' Note
The Mail
My Story
Money and...
Imeri SuQ
Delala, NY Style
Thirty Questions
Selling Out
E Trade
The Hustle
The Profile
Corporate Arbegna
The 25K Challenge
A Kiss Without...
Top 10
MBA Woes
Do The Right Thing
Hamsa Lomi:
Back Page

Gullit. Metchal Zeberga, ke desta terara D.C.
Metchal Zeberga
Desta Terara, D.C.

Yet another bad week. NASDAQ is down by about 10% since April and the forecast is not good. This time i'm in it for the short term - I can't afford to loose. I had bought Amazon (AMZN) on margin, and now i'm waiting for a Fed. Call.

The message boards were active again. There are wild speculations about Oracle's (ORCL) record quarter, (CHU) China Unicom's US IPO , and Morgan Stanley Dean Witter's (MWD) quarterly earning call. I'm staying away from the blue chips.

The IPO season is long gone - even PALM went from 165 to 19 7/8 in less than 4 months. Gone are the days of the VA Linuxes opening at 299. But i'm still not giving up - someday, somehow i want to able to afford a 2 1/2 bedroom house in San Jose. Genuity (GENU) went public today - closing 15% down. A year ago, that was unheard of. Today it's the common trend. I wonder who Tokyo Joe is betting on these days...,, and a bunch of others annouced layoffs. All are in the "soooo-five-minutes-ago-dotcom" business. Forget about going to their mixers at the Metreon in San Fransisco.

The boards are still raging about those in telecom and networking : the "enablers of the Dot-conomy", the Dot in DotCom. And it seems SONUS (SONS), Juniper (JNPR) and a few others are proving it might still be worth holding on, even beleive. I'm buying OPRT, TLGY, NENG, SRTI, TUNE.

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