You want a prediction? Here it is. In less than 2 years, COMS get bought for 40+ a share, Palm will hit a high of 65+. So why are we playing pennies here? Are we talking day trade or are we talking intermediate term investing. This tech market is at or near its bottom, anything more than this and its the great depresssion of 1929. General concensus is for a recovery in the fall, so you can bet it will happen in Sept., once Greenspam is done slowing us down to a halt. You may get 35, but if you do, you will not see much lower. However, you may never get filled, and thus you will miss the boat, because you are playing pennies. Stocks go down, but the good companies always go up as well. Its time to accumulate and wait.
Oh, and btw, if you like the COMS play, you better be looking at LCOS, this market has lost its mind. |
