UF,
I'll take the bait.
>While sebl was being sliced and diced, Tom Siebel announced some good news, and Mr. Market has bid up
>the price by nearly 22%. Could I encourage you guys to prove that qcom, ntap, csco, and msft are
>poor investments?
First of all, nobody can "prove" that XYZ is a poor investment. At least because tomorrow little green men (persons? :-))) could land and offer 1 gazillion buckazoids for XYZ.
Second, and personally, I am between G&K bulls and the "everything is overpriced" bears. I may lose opportunities on the G&Ks that I sold - MSFT, ORCL, CSCO - or never bought but I don't care, since I do not want to chase the bulls and buy G&Ks at unattractive prices. You may get great returns by holding them - prosperous investing to you... On the other hand, my money is in the market in S&P, health and tech sector funds, company stock and even some G&Ks and just "brand-with-moat-highROE-ARP" companies. So here we are.
Jurgis - Price goes up, I sell; price goes down, I buy... |
