I made $115k profit on Looksmart early this year when it turned...

I made $115k profit on Looksmart early this year when it turned around and went from 3.9c to 35c. You need to keep an eye on stocks that are heading for profitability, like QTL.

Telcos, and techs, are about to turn around. I mean the little penny dreadfuls that suddenly emerge as viable companies, not the likes of Cisco, Nortel and HP.

Why do I say this? Because the huge wave of trillions of dollars spent prior to Y2k are the cause of post Y2k slump in IT and telecommunications. It's now two years on and companies must start spending again soon. They already are in fact.

If you want to make money, take risks. But do your research.