My dilemma is that
while I still see more growth in CSCO, I just don't see much in INTC from here. I
would rather put that money somewhere else(i.e.: LU,DELL,CPQ,etc.). What I am
really looking for is another company (as I found CSCO in '94) for another few
years! Or do you think INTC is still going to be ok?
Hmm...I would have to say that INTC is attractive right now. I see growth in the future because killer apps like video are going to require the use of even more multimedia intensive CPU's. But, since you already have a position in INTC, you should look around for bargains. LU is a bit high priced, as is Dell, I believe. But. these are for good reasons. I forsee Dell taking more market share from CPQ as prices are slashed. Nonetheless, I feel that CPQ is a great purchase for the long run right now. That is a company that isn't going to just drop off the face of the earth. They are still one of the key players in the PC market. But, the PC market is quite cyclical, I think, and right now it is at a low point. I think the rebound will make quite a few people who are bottom fishing some money!! Just beware of Asia...that is a situation that isn't just going to go away! Perhaps the next round of earnings are going to remind investors of that whole problem.....
Happy trading, and good luck to you all,
JRH, CSCO long |
