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Tulvio, I wish I had bought CSCO 4 years ago. I still think that buy and hold forever is not good for tech stocks. Eventually they face more competition, flatter sales, smaller margins and becoming obsolete. MSFT, INTC, CSCO have managed to avoid this so far, but I think CSCO is close to it's peak. I think CSCC and ASND will drop more this month. I think USRX will go up until after it's earnings are out on Wednesday (Look what happened to IOMG 40% increase in Net Income wasn't good enough). I plan to sell USRX on Wednesday and buy it back later this year, it's too risky to short it. Right now I like IOMG, COS, ZOOM, DBCC, USRX (until wed). I still think the best reason s to buy tech stocks are if they are propritory technology, and/or ir some bigger comapny will want to buy them. After an explosion of tech companies in recent years I think we are seeing winners emerge and losers going under. It may be easier to make money shorting losers that buying winners which are probably already over bought. |
