SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novell (NOVL) dirt cheap, GOODBYE!!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eddie Kim who wrote (8)8/12/1998 5:34:00 PM
From: Spartex  Read Replies (1) of 33
 
Eddie:

Its sometimes good to look back a year and see how your suggestions worked out.

<<NOVL might make it, you never really know. However, why risk it? Why not buy CPQ, DELL, COMS, CSCO, WDC, etc... These stocks are sure winners and I wouldn't be surprised if all double within a year or
two......Go for the sure thing, in my opinion>>

NOVL went from 8 1/4 to 11 1/8

CPQ from 28 to 34

CSCO from 40's to 90's

WDC from 50 to 12 (ouch)

COMS from 55 to 30 (ouch again)

DELL from 40 to 107 (the winner)!

Bottom line, all stock picks are "risks" and I've never come across a "sure thing". In my case I like to limit my loses, and hence that's where buying COMS or WDC would have been deadly picks last August.

QuadK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext