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Technology Stocks : Pixar: why is climbing?

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To: exhon2004 who wrote (87)11/7/1996 11:48:00 PM
From: V.   of 128
 
Greg, It is Anna Yen, and this is basically what we've expected...that Pixar's cut is nothing about which to get too excited. Nevertheless, the future deals with Disney wil help to get the name out, and then, when they go solo...In the meantime, I am still waiting to get the answer to my question on BUGS, and will try to talk to Anna again soon. I am holding my position at 18, but will probably sell if I can break even or go slightly positive, as I doubt that we'll see any major movement here until the next earnings, conveniently after Xmas. Unless the tech rally continues, and the market goes up, up, up, I doubt that there will be a big run too soon. Note the decent move today, but the market has rallied twice in as many days, so it was to be expected, and volume wasn't impressive. Pixar is not driven by the big boys, so investors may just be taking a rest after the nice run recently. Hang or bail? It depends entirely on your basis, IMO, and whether or not you could invest elsewhere for a couple of months on the principal until PIXR makes its next move. I plan to buy more down the road, but do not feel very comfortable holding here unless we see some nice upward movement back toward the mid 17's to 18 soon. Those lows of 15 are simply too recent for me to feel comfortable right now!! Other opinions, please. BTW, Buzz Lightyear or Woody? Come on, give me a vote!! Thanks, Vicki
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