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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jimbo who wrote (11072)7/6/1998 7:00:00 PM
From: Judy  Read Replies (1) of 120523
 
Jimbo, the voice/data networking infrastructure is here to stay for the long-term ... I've been betting on CSCO since '93 as an investment.

But I also take trading positions in the same stocks at times. BAY was a speculative investment, but when it could not maintain consistent performance it became a trading stock for me, I've traded in/out of BAY 4-5 times at 15-20 percent return on each trade (like watching grass grow!) and still hold '99 calls waiting for the NT buyout to consummate.

The momentum money will come again to these "value" net stocks when corporate forward guidance present a clearer picture. Remember, LU doubled in price since January ...
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