I'm not aware of any tech stocks that I could recommend as being value buys at this time. (Edit: Tech stocks as most people view "tech"--- I'm excluding from my comments here those dink cigar-butts that may or may not be viable businesses that are in the tech sector and that have or had a stock price below net cash per share.) I do have a small package of some tech stocks I've held for several years. MSFT being one, for example. Also fwiw, as you, I hold GNW, which I'm glad to see has come back from lows (where I shoulda/coulda/dint buy more).
In January, I added to my GOOG position at $598/sh.
Message 26238933
It seems like every year of the past several I model GOOG to have a fair value of over $700/sh., and it never gets there. I'm still saying maybe $740 might be fair value at end 2011, if margins hold up. However, with speed of technology, companies entering each other's space, and either my model's continuing failure here or GOOG's failing my model, I'd not recommend GOOG to anyone now, other than as a speculation.
I closed my position in dink electronics distributor NUHC today. It's an electronic distributor stock that met my criterion for a buy that did not work out for me. Held stock for my limit (about 3 years) and finally, it just seemed to be a value trap when they recently lost a key customer.
As speculations, I've made these two recent buys of these microcaps: SIO.v, my play on 3D tv/movies; and ZSTN, a small Chinese company that I like for its current roe and low p/e. Gambling money only. |
