Vepoc - Back in today, hoping to ride it for more than a couple of points this time, but of course will bail at the first sign of bad news to protect my capital and go on to something else. With all this bad news around in tech I think we are increasing our chances for a rally. Look at COMS today, everyone was thinking the stock was going to 25, and it ends up just about unchanged. You are correct on LSI, I traded it a couple of times back when it was in the low 30's, but never did get in when it dropped. I like the company, but it just goes nowhere, and I don't want to wait around too long. I still think it is a good investment for those with a long term horizon. To tell you the truth, I have been buying nothing but the best (my opinion), during the last meltdown I picked up Intel, Applied Materials, Boeing, and CPQ, although I bought CPQ a bit early and have been buying more on the way down. (Euphemism for bad timing on the last one - although I like the fact that they have 6B in cash on the balance sheet - not bad for a 24b company - hey, they have made noises about getting more active in the networking area, maybe they can buy Bay!!) In which case Cruiser would have to switch to wearing a 'Bay, a Compaq Company' tee shirt!!!
John |
