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Technology Stocks : Motorola (MOT)
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To: John Koligman who wrote (3033)1/23/2008 12:03:54 PM
From: slacker711  Read Replies (2) of 3436
 
OT

While I havent traded as long as you, this market is worse than anything I can remember from the popping of the bubble or the Asian Contagion/Russian meltdowns. Earnings, valuations, product announcements....nothing really matters right now.

FWIW, I bought a little of Sandisk as well today, but I've been wrong on that stock since the mid-30's, so what the hell do I know? I will say this though, I'll be buying hand over fist if it gets around 20. It would have a Micron like valuation...which means that the market would be discounting the fact that Samsung would ever pay royalties again. The negotiations wont be easy, but I expect Sandisk will manage to get some sort of renewal (not to mention their other royalty streams).

Slacker
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