maybe Sequent, which I follow but dont own.
biz.yahoo.com
I do have some very speculative stocks, Viragen VRGN, General
Magic GMGC, Aspect Telecom ASPT, and Malaysian WEBS--EWM,
bought just yesterday rather cheaply...and perhaps an even
better deal today if you want some exposure to SE asia.
I also have a gold fund (Fidelity Select Precious Metals
and Minerals) and even a utility fund. Most of the stocks
I have picked up in the last month and are near their lows.
I hope that one out of the three stocks will soar. Regarding
Microsoft, I've always been surprised that people can admit
that a stock is overvalued, and yet still own it--for sure
people can ride the growth and do well, the stock simply
stays overvalued. However, 0nce in a while fear spreads
through the markets and stocks get re-valued, and yikes
you dont want to be holding the PE=50's when that happens.
I have wanted to play the puts on MSFT for the last year,
and have held out as long as I could stand it. While I
admit that I may be too early into EWM, my guess is
that SE asia puts some real fear into the US market this
month, and whether I am right or wrong on MSFT individually
my puts may do well through next week. Of course I might
not be keying this in if MSFT wasn't off $2 today so far,
and did you see Hong Kong and Singapore last night, ouch! |
