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Strategies & Market Trends : Sharck Soup
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To: Paul A who wrote (31135)7/17/2001 8:53:26 AM
From: DlphcOracl  Read Replies (2) of 37746
 
Paul A.: Be careful with individual tech stocks like this. The real question you have to ask yourself is: do they still have a technology which is viable and are they in a segment of the market that is still desirable that would prompt a buyout bid? In other words, is DSL going to be one of the viable solutions to increasing broadband?

While it may look as if it is a bargain at $6, MONI was a "bargain" at $7 and GX was a "bargain" at $12, etc. Remember: a drop from $6 to $5 or$4 can easily happen and that will be a loss between 16% to 33%!

Just my thoughts. However, your first instinct in this bear market should be capital preservation, not bottom-fishing.
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