Sig, I suggested the really beaten up debt free guys back in November. JDSU and EMC are up substantially in percentage terms, SUNW is up a bit, while Dell is DOWN from the 30 level back then. It will be interesting to see if this holds up thru this year...
Best regards,
John
To:Sig who wrote (171574)
From: John Koligman Thursday, Nov 14, 2002 11:22 AM
View Replies (2) | Respond to of 172138
Hey Sig, sounds like we are aligning on the same page for a change <ggg>. It's hard for me to start making the transition from a day trader to partial buy and holder, but I think that is now the way to go. I do think you will make more on a percentage basis by going a bit more speculative than Dell if you are inclined to do so. I've been picking up SUNW and EMC along with my JDSU buys along the way. Only firms with low single digit stock prices and fat cash balances/no debt. Some have already doubled and with more hints of 'stability' from several big tech CEO's, they might even approach double digits at some point next year. Those would be fat percentage gains off their lows. We shall see. As for Dell, hard to see it make a huge dollar move, the market cap is already 'up there'. Everyone keeps talking about revenues/units, but Dell has been pumping them out, problem is at $499-$999 you are treading water in the 'E' category.
Best regards,
John
PS - Of course that doesn't mean Dell can't FINALLY break 30 and move up from there. |
