Ron, I just bought tech stocks, ironically.
I bought Broadway & Seymour (BSIS, 500 shares at 7 3/4), Applix
APLX(600 @5 5/8) and MapInfo (MAPS, 300 @ 11 5/8). I did this
this past Friday. They are all small software stocks with loads
of cash, near historic ratio lows and ratios well below their industry
norms. If you add them up, they amount to one full position in
my Lancelot portfolio. Though I would normally take a larger
position in one stock, like BSIS, and I know three does not
diversification make, I am taking small positions as a possible
prelude to larger positions. IMO, small software stocks are
in their own severe bear market now.
BTW, Microsoft Investor has an awesome screening tool, and it's
just 10/month. I know I work for them, but I really believe
it's a great investor asset.
BTW 2, ELAMF is up today on twice normal volume.
Mike |
