Barry,
High tech will be back shortly. September has historically been the worst month to invest in (numerous studies show that stocks performed the worst during this month). I look at October as being the real Bull for High Tech. Right before the election and just in time for third quarter earnings.
For Zycon, EPS for 1995 Sept were -.072, while Dec was .39 and following March at .35. Investors like to compare EPS with the same quarter the year before. That being said, if Zcon produces a decent quarter EPS in October, compared to last years -.072, timing right before the election, and hopefully an upturn in this industry, we may see some decent advances here. After that it will be difficult to beat .39 in December and .35 in March. Possibly cash in October or hold for another year.
I recently attended an AAII seminar with Louis Navillier as a guest speaker. Someone asked what separated the successful stocks from the unsuccessful ones. His reply was - Management. The more they own, the better it becomes since they have a personal ownership at stake. Zcon fits that profile.
Bills look like super bowl contender!!! |
