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I have been watching this stock for a while, though I don't own any. Even though they had a great earnings report, and tons of upward room over the next year, don't you guys sort of think that all stocks at or above their 52 week highs, especially high flyers, are due for a correction--in the near short term? Or do you really think this will not react the same as others have recently? I am in cash right now, paranoid that if I buy anything now, I will be stuck when the correction happens, and I happen to be taking a nap or something. After all, INTC itself has backed off of its recent high, and it only has a PE ratio of 25. Can anyone convince me that this is a good buy at this price? (RSYS, I mean). |
