How long do you intend to continue owning them? Some of those companies still have serious issues, despite the rise in their stock prices. CATP, for instance, still needs to find the IT professionals, who are in short supply, and pay them enough to keep them, without going over the limits set by their fixed-price contracts.
These are still the same companies they were a few months ago, when they were valued at half today's level. Even PMTC, which I have bought on the way up, still hasn't proven WC is going to replace Proengineer as its main revenue driver.
I'm holding, largely because of the huge gap in market cap between PMTC and other enterprise software companies, like ORCL, (a tenfold difference), which makes the reward side of the equation very very tempting, if the pieces fall in place. |
