Addi:
I sold all my positions in INTC, CSCO, SUNW, SGI, IOM and half of the DELL shares this morning. Taking some losses in CSCO, big losses in
SGI, INTC. But I hate to have to pay so much capital gain tax on
DELL and SUNW. I plan to buy back SUNW, INTC, CSCO, MSFT, DELL, LU
at a lower price. Right now, my target for SUNW is 37, INTC 65, CSCO
55, MSFT 75, DELL 122.5, LU 92.5. If they get to that level, I will buy and hold onto them for a while. I am also willing to buy some IOM back at about 7.
If as you predicted, we haven't seen the bottom yet, then I think
those prices could be realized. But I don't understand why you say
March - May will be the last tech idiotic selloff before the new
century. Didn't we have idiotic selloff twice last year, and several
times in 95, 96? Why do you think it won't happen again in the next
1.5 year? And why do you like LSI, AMD? I used to own these two,
but lost big money on them. I swore I wasn't going to touch them
again. |
