Did you see the link to the US News & World Report about Paul Johnson sending a letter to Warren Buffett and making a case between Cisco and Coke in hopes of encouraging Buffett to dip his toes into technology investing?
usnews.com
Since PJ sent Buffett the letter, Cisco is up about 700% and Coke is flat.
The idea about IP networks being ready to tornado is very compelling. What stocks, besides CSCO, are you looking at here? BRCM, PMCS, CNXT?
The beauty is, our beast Cisco is right in there hook line and sinker. If you go to the company coverage page that Johnson and his partner Paul Silverstein have set up, you can see a list of stocks they are covering. It's their own 'project hunt' and if you click on the banner of a particular company, you will be directed to their 'presentation' of each company.
nextgenerationnetworks.com
Of course, the tornado is not limited to only these companies, but you know how it works and why BBRobbieStevens are covering certain companies. However - it's a good start when one adds the competing companies to the appropriate categories. I'm also happy to note that several of the companies involved in Project Hunt sit firmly in the IP/Broadband tornado and others have been presented or mentioned on this board in the past months.
I've had my sleeves rolled up looking at Juniper, Red Back (which my son owns), Brocade (which I own), Cienna, Cabeltron, Echelon, Emulex, PairGain, Covad (which I own), Copper Mountain (which I own), Netro and many others to put in my 'basket' approach to playing this tornado. If you look at the 52 week charts of these when clicking on the banner, you will see the majority have moved pretty much in tandem while a few have been dismal.
I will be presenting Conexant (probably next week), but I don't own shares in the company. I do in Broadcom as it fits in my 'basket'. Keep in mind that the next generation networks spans several categories and one has to decide, in terms of playing a tornado basket, if you want to participate in each category or just one. The DSL space intrigues me the most, but I have not limited myself to that alone. Whether the categories turn out to be games that produce Kings or Gorillas outside of what already exist - we'll see. However, it is a real time game and the tornado is going to be quite potent going forward.
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