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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jill who wrote (3836)9/27/2000 9:32:28 AM
From: Nichols  Read Replies (1) of 65232
 
<When stocks get unfairly punished that's a good time to buy.>

How's it going Jill? The statement you pose is an intersting
one. How do you figure out if a stock is getting unduly hit or the beating it takes is justified. Lower margins & missing estimates are real good warning signs that something maybe wrong. Remember, also that all of our stocks right now are priced to perfection. I'm not implying that INTC is going to crash and burn. It will continue to be a great stock to own for the long haul with above average returns. But averaging down could be dangerous (QCOM).
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