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 : WebMethods,Inc. (WEBM)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gene W who wrote (151)3/12/2001 12:15:10 AM
From: Robert New  Read Replies (2) of 161
 
The stock is just now starting to get somewhat more interesting given its current valuation of approximately 50 times forward earnings. Personally I'm waiting for either a market capitulation or settling BEFORE I will wade back into the waters. However I do feel as though we are nearing that point over the next few weeks...if we break the 20 level and the volume is light I may wade back into the shares. I would ONLY accumulate positions here buying 1/3 at a time taking what the market will give you. And would not start buying until the above takes place. However I think you have to be at the ready to exploit any major capitulation that may be in our near future. That would serve to washout the over head supply of stock in the market at large and would provide a platform for the broad tech market to move forward in the days ahead. I will post here when I think we are at/near that time. By accumulating shares in great companies 1/3 to 1/2 at a time you are taking small steps in building a portfolio and small steps help one to avoid major mistakes in the market. Saw the CEO on CNBC last week and he was very optimistic about the business going forward. They have turned the corner towards profitability last quarter...

Other companies that I'm watching closely include EMC, JDSU, ERICY, SEBL and others. The baby is being thrown out with the bathwater and the time to accumulate is close at hand....good investing to all.
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