Gene, Well said. Reminds me of this phrase, that I read ages ago... "He who the market destroys, it first makes confident." Uuuuehhh (Lucy's sound when something really makes her pause), that's enough to keep us paranoid and worrying a bit, I guess. And btw, I bought more ASYT at 12-1/2 on Friday. (Just this morning, found that the order was filled). I figure sometime in the next three years, this purchase will make sense, barring a global meltdown. But, I'm still waiting patiently on AMAT and others.
one more thing, I saw that Merrill raised their target on AOL from 100 to 120/sh... and mentioned something along the lines that it is one of the cheapest internet stock plays. From the way the stock has been acting, they are apparently right about AOL and I am wrong (i thought it was overpriced at 80). One thing about AOL, they are discontinuing anything I liked in the stock research area. No more First Call, no more Morningstar... and it's slower than my grandmother. I don't get it. If Sara didn't use it, we'd give it the boot. If you've got this one figured out, please share.
Very interesting comments from Scott Black in Barron's this week... #2 man at KLAC says what it will take to turn the industry is a supply/demand balance in DRAMs.... |
