Internet Stocks Ready To Rebound

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This is the last update of our current portfolio that ended up at a respectable 130%. It had several surprises like Advanced Fibre Comm. (AFCI:Nasdaq) that in a few weeks doubled in value, along with Preview Travel (PTVL:Nasdaq), a stock (like I predicted a year ago) that was a prime candidate for acquisition.

The best performing stock was Elcom International (ELCO:Nasdaq) which peaked at a 1200% return, before we sold out at a 737% return. It was a perfect example of what I've been discussing; some stocks are undervalued and others are extremely undervalued, and the latter stocks just need the right amount of circumstances to bounce back. In Elcom's case, those circumstances happened to be the buzz at the end of last year about business-to-business e-commerce opportunities.