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Strategies & Market Trends : The Rational Analyst
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To: Scott H. Davis who wrote (1165)6/15/1998 1:07:00 AM
From: HeyRainier  Read Replies (1) of 1720
 
[ INVX ]

Scott,

Congratulations on taking your loss on INVX. That is the mark of a professional, one who limits losses and leaves it behind.

I do not recommend you enter a declining industry.

I used to speak to someone who acquired massive amounts of Seagate, and being an employee of the firm, had a better eye than anyone about the company's prospects. You can see now the error of his ways. There are other pickings that have better technical and fundamental characteristics. This sector fails on both accounts IMO.

Regards,

Rainier
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