Hello, Harry
There's no doubt that COMS/USRX is way oversold ... techs garner exuberance in the market, both on the way up and on the way down. Both USRX and COMS achieved their 12-month target prices within two months when their upside momentum was strong, only to tank to less than fair value when the momentum players left and the hype subsided. That I'm a dissatisfied USRX holder is not the right word ... I'm disgruntled ... let a healthy 40 percent profit escape. The only excuse is that I bought USRX as an investor and not a trader, bought calls during recent weakness too but before the COMS deal. Now I've got gads of COMS unless the deal falls thru. Long-term the big players in networking are CSCO, COMS, CS and BAY ... the others are niche players and most will fall to the wayside. I've been expecting the consolidation of the networkers for many months now so I was not surprised that USRX was acquired ... just off guard that the market threw a tantrum over COMS. But then again, that's about the only way USRX could be exchanged for 1.75 shares of COMS, if you get my drift.
About the VSE, I totally agree with you. It has more scams than any US stock exchange. Bought an oil exploration stock and a gold mining stock once, both are now worth less than the paper their certificates were printed on.
The semis are in a strong uptrend, and some are at pivotal points. The strong ones will be trading range bound for awhile and consolidate before the next leg up. Have a look.
My regards.
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