SI
SI
discoversearch

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 : Intel Corporation (INTC)
INTC 48.26-0.7%Feb 5 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nuni who wrote (36899)10/19/1997 11:08:00 PM
From: Ibexx   of 186894
 
Hi Diane,

Hard question for me to answer re. MSFT or CPQ.

Please consider the following:

1) No matter what you decide to buy, always resist buying at the market open. You might have to pay a little more later for a desired stock, but it would be a lot safer to buy it on the way up. (Never catch a falling knife, as they say.)

2) If you want to establish a new position in CPQ and wish to do so as soon as possible, the prudent thing to do would be to average in--some before the MSFT/IBM earnings and some afterwards.

3) I see the market range-bound until November FOMC meeting (or close to it) and then perhaps take off for the Holidays, if God's willing.

4) Just speculating here: the next high tech sector that could lift the Naz out of the doldrums might be the networkers. CSCO reports the first week of November, and I have a gut feeling that the numbers (or conference calls afterwards) might soothe Wall Street's nerves.

5) Didn't you have some MSFT already? If not, spread the funds to diversify. Hard to compare apples with peaches.

6) I am currently 90% invested; my very conservative NY brokers told me last Friday they didn't see a crash on the horizon, and I kinda agree.

Good night and good investing,
Ibexx
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext