Great post Kent, I'll go to the Motley Fool or better yet SI - technology is where the wealth is being created in this economy - we just want to pick a survivor.
Caught some discussion on CNBC late this afternoon with one of their tech experts - he thought that the comeback today bode well for techs, that with all the downgrades etc it may be very close to bottom.
Interesting after the stocks fall 50% in value analysts downgrade - again the horse is out of the barn guys, if nothing else the companies are undervalued now for long term investors, at least we can hope Savitz is correct. Now after the price falls we should be upgrading long term (short term no telling, but if some of these companies get any cheaper we are going to see some buyouts IMO).
In fact, based on my analysis, FSII is cheap here to an acquirer, as is MASK, SFLX, and a few other dogs I follow. Just remember, every dog has his day, and our days are yet to come.
Best - Joe |
