Do I know if they will take off? No. I do not know.
I made my decision based on (1) its market dominant, (2)profitable during tough time eventhough the growth rate is slowing down, (3) bluechip company, (4) cleaned company with very little legal court cases to determine its survival, (5) most of these stocks prices are close to 52 weeks low. Last week, I bought BEAS, EMC, NTAP, GLW, and ORCL for long term holding. Are they going to go up? I do not know. Investing is like gambling. Very few people know how to cut losses or leave some money on the tables for someone else. Please do not listen to me because my portfolio is down about 40% since October last year. Everything is depending on the economy. Hopefully, Alan Greenspan's sixth rate cut will do the trick to the economy.
>Opening oneself up to other stocks that have very few >lawsuits and are making plenty of money (ie. EMC, ORCL, >GLW, SEBL, PSFT, BEAS and etc...). These are the companies >that will take off when the economy is recovering.
>How do you know they will "take off"?
>BB |
