One thing I've noticed in the past few years is that a lot of the "safe blue chips" I've owned - JNJ, GE, DIS, KO, WWY, BUD, PFE, etc - have done worse than some of the "risky" tech stocks - BRCM, JDSU, SDLI, GLW, RFMD, CSCO - I have. Even when a story changes for a MSFT or INTC you still have a pretty good profit left when you do get out.
We probably saw low price for SDLI this week. So called "Value players" realized that there is no safe heaven for these stocks either when GM and HD announced their future earnings. One factor is clear ,true growth is in first class fibro-optic stocks. |
