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Technology Stocks : Emulex, What Prospects?

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To: The Ox who wrote (193)11/8/1999 1:26:00 PM
From: Greg Jung  Read Replies (1) of 788
 
I thought I was lucky to scalp a few dollars trading
Ancor from $6 to $8, back when it was tanking to $1.
(something I saw gave me the impression they were selling
product at the time. When I found out they weren't I let it
go). Similar situation to yours: I have to be safe more than anything. It suited me well during the summer but
I've run into a dry spell lately, all my "safe" stocks have continued tanking during this month's party time. I think
the average PE in my portfolio might be about 10!
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