Bill,
Currently 100% invested: AMZN, ARBA, BRCD, BVSN, CMRC, CRA, DCLK, EBAY, HGSI, ITRA, MU, NPSP, PHCM, QXLC, SCMR, SCON, SONE, SYBB, VCNT, VIGN, VRSN, VRTA, YHOO.
Interesting list and thread. Two questions, for now:
Q. 1: Your list is entirely tech stocks of one type or another. Do you advocate investing solely in tech stocks right now or in a combination of tech and non-tech stocks, especially in the current environment where sentiment has apparently shifted back toward the use of more traditional metrics?
Q. 2: Specifically re EBAY, their recent earnings were almost entirely composed of non-operating earnings, the operating earnings having been wiped out by increases in costs which looked to me like increased infrastructure spending (for more detail see siliconinvestor.com. I think that the profits were really illusory all along, because the company wasn't investing an appropriate amount in the site infrastructure. Now that they have to do that to keep their customers, the profit is gone. The stock has since come down about 35 percent. And yet it is still on your list. Why?
TIA for any comments,
MAD DOG |
