SONS Message Board - Msg: 24151500

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SONS

SONS 7.830

+2.8%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: alanrs who wrote (1298)	12/20/2007 2:58:15 PM
From: carranza2	Read Replies (2) of 1575

I like your approach. Here's the gist of my thinking. I was incredibly overweight in SONS with most of my buys in the 3s and 4s. As I firmly believe that global macroeconomic difficulties are potentially severe, the attendant negative implications for telecom capex are obvious. If correct, the SONS share price might get hit in the next year to 18 months. I therefore decided to take profits and re-invest at reduced levels if/when the share price got lower, as it has today. Since I think SONS is worth 6.5 - 7, I have no problem buying a few shares. Might buy more, but I'm cautious, very cautious. I certainly do not intend to expose myself to the extent I had been exposed previously. Should have sold at 7-8.5 but who's perfect?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next