Hey LOF, my short list
. . . . would include SDLI.
QCOM, NTAP, JDSU, RMBS, SDLI, and ELON. Beyond that? I'm bored. I'm done tracking the likes of INTC, SUNW, AOL, CSCO, and NT.
Diversification is going to be the name of my game. Jim taught me that diversification was "diworsification." But that took me into the Qualcomm disaster. Funny thing, though, is that I still believe Qualcomm is the greatest company out there. It's so complicated that those nitwits on Wall Street can't get a handle on it. What do we have now? Targets ranging from 50 to 250. What foolishness.
I need to understand the corporate structures (market caps, floats, products) of the six companies on my short list and do a little trading with mid-term options along the line of the way RR thinks. He buys three and four months out somewhat deep in the money. That's like a stock substitute. That's my direction.
I just wouldn't be buying RMBS and SDLI today. I think the momentum is still with JDSU. It has the government's approval pending. No way they don't get approval! Antitrust was my area of work in the DOJ. The government is obsessed with Microsoft and is not taking on a thin disapproval at this point.
RMBS and SDLI are going to confront profit-taking. Face it!
More later, but we're on the same page today.
John |
