Trey,
You said:
<< do you guys really think that earnings dont mean anything? if so, answer this for me: how does a company expand or upgrade without any profit? if they cant expand or upgrade, how will they make money down the road? >>
That is good question. Maybe you should ask that question to many of the hi-tech companies that have been in that situation and then get back to us with an answer.
You can start with a couple: INTC, MSFT, SUNW, ORCL COMS, AMAT, CPQ, NVLS,CA, IBM or even NSCP, JBIL, RMBS.
Maybe those bulls knew something the bears couldn't see.
Good Luck Trading,
DavidG
PS: I believe you are on to something |