Formerly About Advanced Micro Devices Message Board

STOCKTALK

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.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: 5dave22 who wrote (139028)	9/5/2001 1:18:09 AM
From: tejek	Read Replies (6) of 1578510

I should look at BRCD. You think they're positioned to come back in their sector? Dave, I believe they are the leader in their sector. The problem is the current price. I bought some at $23 or $24 and have been holding. I thought this would be the bottom but now it looks like BRCD may retest its April low of $16+. So you need to be careful. It could even go lower than $16+. I need to clarify that I am buying tech for the long term but in limited quantities..50 or 100 shares...so that I can keep track of what its doing. In addition, I am trying to buy at the bottom which is hard to call and I have everything stop lossed....and I am not letting it exceed 30% of my portfolio. There are some who are saying the tech inventory problems are not cyclical but rather secular due to the bubble and that tech will not recover until late 2002 or early 2003. Who knows but I am trying to play them while still making my portfolio grow. Can't say I have been too successful in the past month and half. Finally, there is a lot of talk that soon the markets will retest their April lows so be on the look out for such a possibility. ted

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next