He held it for a long time. It should have been positioned to participate, but look at how all the tech stocks have done. If it hasn’t run during this big tech stock rally, when it IS going to rally. He would prefer to own companies that CSCO might want to take out – the second tier tech stocks.

Uranium plays might be the way to go at these levels. If there isn’t a melt down in Japan you could go into Uranium.

Doesn’t know if they would be wanting to buy Great West Minerals Group (GWG.T). Rare earth is is a hot sector but it has had a big run.

Relative to the big energy producers, these have not had to the same extent. There are some concerns about the middle east. He prefers Canadian oil service companies.

In the process of buying CTV. He has been buying this recently. Dividend is strong and stock has been going up since the bottom in 2009. The services they provide are growing more than people would imagine.

Naked short selling is a derivative strategy. They have to raise a lot of money each year to finance their CAP-X activities. He has been out of this one and looking at other stocks since this did not appear to be a sustainable business model. His math says it is not.

Great technology stocks get to a point where they are not able to grow any further. He homes Jim will break this trend. He is encouraged by the new product line and that fact that Jim is focused on the business. You can’t take on the business and the NHL at the same time.