Hallo, Ralf: I find your previous message very helpful. I admit that,
to some extent, I am one of such naive investors you described.
I do look, however, at charts, and data, and sometimes read news about
a company.Of course, it would be nice if I can understand chips
(besides of potato's), but I think that one of the best (but difficult)
strategies
is to make a decision without complete informations. It is in a sense
a gambling, but with a lot of informations.
As for MU, I also think that it is very risky to own or to jump
into
it now. The stock went down today more than a point more. It is difficult
to tell whether it has hit its botom. But, long term,
there are more chances that you can make profit from this stock than
loss. I decide to hold on it until at least it reaches above 40,
to beak even.
My naiv strategy (some charts, +some previous stories, +some gut
feeling) leads me to believe that it is a time to buy Compaq Computers
(CPQ) right now, at price $37+. It is cheap at this price, and my
philosophy is that PC will ocupy a lot of place in the life of most
people over the world. How do you think?
Again, your remarks were very helpful. |
