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 : The Roaring Twenty 1998
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Holton who wrote (164)8/19/1998 9:42:00 PM
From: White Shoes   of 338
 
If your focus is long term then this stock is on sale for sure. Because of its solid link to BCE I wouldn't be too concerned about its performance in a bear market...it should hold up well. The fast growing market for their solutions should throw all the business at them they can handle and they now have a very large friend to get them new business. Of course the financial structure has become more complicated.

The only reason I haven't yet put IFM back in this portfolio is that it's a pain to do the currency conversions by hand and I get misleading totals using my usual portfolio manager utility. I should probably just bite the bullet and put up with it though.

Of course, a number of companies in electronic commerce are on sale right now. HWP, CKFR, CMIV. I would say they're all in buy range, though a market timer would want to wait for further calamaties to afflict HWP (it is simply overvalued and needs to be brought down to about a 10X 1999 P/E so needs to drop another 20%) before wading in.

I believe in this trend, the fast growing market for certain electronic payment solutions...and people should be giving all of these companies a hard look, market pessimism won't keep these down forever...even if the big recession is on the way.

People are going to be really surprised at how well Verifone does when this trend really kicks in. Same goes for CKFR IMO although I need to do a bit more homework on that obviously.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News