Equity/Options Analyst with Schaeffer's Investment Research
sageonline.com
Question: Where do you see Palm, Inc. [PALM] in a year or two?
Possibly at zero.
Question: Oracle Corporation [ORCL], Microsoft Corporation [MFST], Lowe's Companies, Inc. [LOW], Global Crossing Ltd. [GX], The Allstate Corporation [ALL], CVS Corporation [CVS] and USinternetworking, Inc. [USIX] are my core holdings. Which should I dump or keep?
I would consider lightening up on Oracle and Global Crossing. If you've been in Lowe's for a while, it's had a great run and is beginning to get a lot of buzz on the Street. It may be worthwhile to take some profits.
Question: But if you're in - just ride it out? Also, what is your opinion on EMC Corporation [EMC], Intel Corporation [INTC], Apple Computer, Inc. [AAPL] and Motorola, Inc. [MOT]? I promised my wife I would never do this again.
I would, at least, recommend reducing your position if you're in all four of these names. The other option would be to write calls and try to generate some income, thereby reducing your breakeven. I definitely would recommend lightening up on market exposure across the board. |
