Carlos, this rally is extremely thin, as will be evidenced, in my opinion, by the expected sell off on Monday of some chip stocks based on the book-to-bill report on Friday late. As you point out, the Fall is an excellent time to pick up some bargains, but you notice SUNW split does not record until the middle of November. This may be well past the bloodbath (300-400 pts.) down in the DOW.
I am, however, extremely bullish on the near term (1997) future of technology stocks in particular, COMS, INTC, COHU, CUBE, IBM,. Along with MSFT, IBM is a very good split target near term; if that happens anytime soon, and then the correction hits, both those could be $30 bargains. I'm saving my money to shop in the fall and all my time will be spent in the tech aisle because from 1997 on the sky's the limit. I believe COHU,COMS,CUBE, are all $100+ stocks within the next 24 months. Hope to hear from others with comments. Keep Smilin' |
