Noiserider, I'll respond to a few of those just for fun.
>>>Why would a low growth, mature business company gain 15% in one day?
Why not? Negative growth POS often gain 15% in a minute. Mine is not to reason why, but rather to reap the rewards. God bless America!
>>>This, to me, is a great time to short and I did at an average price of $61.
Very brave. Increasing volume, awareness, and a 45-degree angle on the chart. Might be a pullback, might be a slaughter. Why risk it when the trend is not on your side? It'd be a short if falling under $60.
>>>>1. tech market is overpriced already with the NASDAQ up 80% this year.
Not near overpriced. That's what all the Bears said at NASDAQ 3K. I said the opposite, fwiw. We're just getting started.
>>>>2. initial IPO holder will be flipping their shares soon
Those who were flippers already did so no later than end of qp. (see dip at that time). The new buying more than made up for it (see last few days). The lock-ups aren't due for some time yet. No worries.
>>>3. investors will take their gains early in the new tax year
Why? Some will, but most see a stock like this as long-term, IMO.
>>>4. two of the segments - Medical and Chemical Instruments -are in no growth markets
Great adverts during NFL games!
>>>5. the other two segments - T&M and Components - do supply some high growth segments such as fiber optic transceivers and semiconductor test, but are small relative to the mature side of these segments
Great adverts in magazines!
>>>6. the earnings growth due to the asia pacific economic recovery has already been priced in.
Stupendous ticker = "A" !
>>>IMHO this is a nice $50 stock in early 2000. And I may be wrong. As always, I welcome constructive comment.
Don't know if my comments were "constructive". Ah well, the trend is my friend. |
