Jay, FWIW I'm holding long term in TLAB. I like the recent run-up, but I feel that selling now is a waste of money :-)
Whenever selling one, you must find a new and better idea... not an easy task if you ask me. One more reason for me to hold on the ones I have a "firm" grasp on... like TLAB (thanks also to this good board). I understand that you trade frequently, so taking some profits may be right for you with the runup into $55.
Now, I hear and read that PSFT has a pretty bad record of communicating with the investment public. Think: Why would they do that? Arrogance? Hiding? Whatever, I don't want to bother with it and just keep my hands off. True that price is down, but why invest in such a company when there that many other good ones available that keep communicating freely... like TLAB for example.
In software instead look at SAP or RATL for example, IMO.
Meanwhile, financials I think are a very good idea. The internationals like CCI, MER etc. may still continue to reel from Asia, LTCM, LatAm, etc. but it will not go on forever. CCI has been cut in half, so judge for yourself...
I like TROW and AXP. I also like SPC. BT having great dividend now, but may look unsustainable. In domestic U.S. banks, WAMU looking good to me. Don't know, hopefully something useful for you there.
These I consider all long term ideas. I'm not good in predicting moves over 2 weeks to 2 months.
regards,
Thomas |
