OG, sold a little CSCO. Have way too much in relation to my other holdings. You know I'm long since 4/94 at a price of 9 or so (after splits). Its still by far, my largest holding.
Sorry to hear that you were holding CA. Guess if you had to do it over again you'd have sold that instead of your CSCO and your ASND.
Needed to sell some CSCO; wish I hadn't sold ASND at 40 on the way up; and yes, wish I had sold CA yesterday. Actually, thought about it real hard, but thought earnings were in the bag (which they were). Just that stupid 1-2 quarter outlook that got me.
Do you really think ASND will pull back to 48?
No, but I can hope, :) Actually, if the NAZ pulls back hard, which it could do, ASND will go along with it, and maybe get to 48. I'd probably bite at 48 and change.
I think the rumors about a buy are still strong. ERICY, LU, and ALCATEL are all in it - aren't they?
ERICY has stated they won't do a large purchase (but I'm not sure I believe them), ALA just did DIGI for $4B, and LU just has too much product overlap at this point, IMO. They can definitely afford it, but I just don't see it any more.
Gary |
