SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.81-0.1%11:32 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Victor Lazlo who wrote (113238)12/21/2000 9:11:36 PM
From: craig crawford  Read Replies (1) of 164684
 
I like how the market acted today. It seemed rather rational to me. Some tech giants with good management and reasonable PE's that have been pummeled traded higher today. Companies that are still ridiculously priced--the Brocades, Broadcoms, and Junipers of the world all came down as they should.

I was a little disappointed in my SUNW, but you can't win them all. Some analyst made me laugh this morning with some ridiculous comments. He said he wasn't changing his rating on SUNW, (apparently he couldn't find anything else negative to say about them), but he thinks SUNW might not be oversold enough yet so some caution is needed.

Haha...not oversold? Down almost 50% in 2 weeks is not oversold? 10 down days in a row is not oversold? 11 out of the last 12? SUNW trading over a billion shares down everyday except 1 in the last 12 days is not oversold?

Come on folks. You don't have to buy call options like I have, you might want to just take in some stock, but a month or two out you will be looking at higher prices than now. Stocks like SUNW have 2 or 3 points downside in them, and 10 points upside in them.

Why anyone would want to press their bets on the short side here is beyond me.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News