Hi Lizzie,
My take on it, is that companies
MUST upgrade their systems over a
period of time. This leads me to
believe that companies like ORCL,
CSCO (to name just 2) will benefit
from these upgrades... It will take
some time to show any increase in the
stock price, but it will happen. Buy
good companies when they are down (ORCL,
CSCO etc...) Take a long term approach
5 to 10 years and then you will be re-
warded. The "good old days" of a stock
going up 200% in one day (CMGI is an example)
and then continuing to go up either further
are gone. IMHO, stocks like GE, DCN, AVP, D,
TXN (which has shown a severe loss) and MO (I'm
a smoker) and,
(all of which pay dividends) are the ones to
look for over the long run.
BTW, I own CSCO and ORCL - they are in my
play around account.
Another BTW, The charts on CSCO and ORCL
both indicate further downward movement!
siliconinvestor.com
Take Care, and Best wishes! |
