Hi Patricia,
The whole of telecom remains weak. So, I'd be very leery there. And in the general realm of tech, I think that a key term to look for in a company's quarterly reporting is "pro forma". If you see that term bandied about, I'd run for the exits. It simply means the company is making up fantasy numbers and fantasy earnings. Most importantly, do read the reports on cash flow. This is the most significant signal as to whether a business has a chance of being a going concern. There's still a lot of walking dead out there.
And if you, like me, think that Artful Andersen is simply a bunch of crooks, here's a black list:
Message 16992304
It's a start, but then what can I say, I've been in cash for over a year. I've had a bad feeling about the stock market for a while. I don't even begin to think I see a reasonable candidate to go long on at this time, short of playing the short term TA related daytrading schemes that just don't interest me. Stocks are in a range and this is no place for a LTBH type investor, IMVHO.
JM2C, Ray |
