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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who started this subject7/26/2002 10:58:15 AM
From: Prophet  Read Replies (1) of 16631
 
NSM is the steal of the decade. It is now at 18, 50% drop in three months for absolutely no reason. NSM has been performing extraordinarily well in the mist of this tech mess. Other than an unjustified downgrade that occur several weeks ago there has not been anything that justifies the drop. NSM is now at levels only seen over 10 years ago. As confirmed by TXN's numbers, the analog chip business has not been quite as negatively impacted as the digital has. Let's remember that consumers continue to spend and their confidence level remains high. So they continue to purchase consumer electronics which require the electronic components NSM makes. We are probably looking at a least a 10 point gain on NSM in a very brief period. I am tempted to get in!
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